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Telenor suspends two top execs over Vimpelcom corruption probe

2015-11-12 01:00:00| Total Telecom industry news

Finance chief and general counsel relieved of their duties 'to avoid questions being raised,' Norwegian operator says.

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UPDATE 1-Norway's Telenor suspends two executives over Vimpelcom probe

2015-11-12 00:30:13| Telecom - Topix.net

Norwegian telecoms group Telenor said on Wednesday it has suspended two executives, including its chief financial officer, over a probe into the handling of affiliate Vimpelcom's entry into Uzbekistan. Vimpelcom, in which Telenor owns a 33 percent stake, is under investigation by police in Norway, the Netherlands, Switzerland and the United States over payments made in connection to securing a network operating licence in Uzbekistan.

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Telenor suspends CFO, lawyer, Dtac head and Russian head

2015-11-11 23:15:00| Telecompaper Headlines

(Telecompaper) Telenor said that, as a result of the external review by Deloitte of the group's handling and oversight of its minority ownership in VimpelCom, it has temporarily relieved CFO Richard Olav Aa and General Counsel Pal Wien Espen of their responsibilities. It has taken the same measure with its former nominees to the VimpelCom executive committee, Fridtjof Rusten, who is CFO at Telenor's Thai subsidiary Dtac, and Ole Bjorn Sjulstad, who is head of Telenor Russia.

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TransCanada suspends request for permit to build Keystone pipeline

2015-11-03 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The company seeking to build the Keystone XL oil pipeline asked the Obama administration on Monday to suspend its yearslong review of the project, potentially bringing an abrupt halt to a politically charged debate that had become part of a broader struggle over President Obamas environmental policies. It was not immediately clear whether the administration would grant the request, which was swiftly denounced by environmental activists as a bid to dodge a near-certain rejection of the pipeline....

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VW suspends more engineers in emissions scandal

2015-10-26 02:32:24| Automakers - Topix.net

Volkswagen AG has suspended a larger number of engineers than previously acknowledged--from board-level executives to low-level technicians--following a recommendation from the law firm conducting an internal investigation into the auto maker's emissions cheating scandal, according to a person familiar with the matter. Volkswagen commissioned Jones Day, a U.S.-based law firm with offices in Germany, last month to conduct an investigation into how illegal software used to dupe emissions tests in the U.S. and Europe could have been installed on nearly 11 million vehicles.

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