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Vimpelcom takes USD 900 mln charge for Uzbek investigation

2015-11-03 08:46:00| Telecompaper Headlines

(Telecompaper) Vimpelcom announced it will take a provision of USD 900 million to cover potential liabilities in the investigation into its Uzbekistan activities. Vimpelcom said it was still in talks with the authorities on resolving the case and there was no assurance as to the final cost to the company. The Securities and Exchange Commission and Department of Justice in the US where Vimpelcom is listed and the Public Prosecutor (Openbaar Ministerie) of the Netherlands where Vimpelcom is based are investigating how Vimpelcom obtained its operating licence in Uzbekistan. The company is suspected of paying bribes to a close relative of Uzbek president Islam Karimov, in exchange for access to Uzbekistan's telecommunications market. Vimpelcom has been in talks with the authorities on settling case since early this year. 

Tags: charge takes usd investigation

 

Uzbek commitment violated as six die in cotton harvest

2015-10-20 15:26:00| Daily apparel & textile news and comment - from just-style.com

A human rights group has called on the Uzbekistan government to address reports of violations of its commitments over forced labour after it was revealed six people died during the cotton harvest earlier this month.

Tags: die commitment cotton harvest

 
 

Korea "breaks" OECD rules over Daewoo Uzbek cotton

2015-08-05 13:43:00| Daily apparel & textile news and comment - from just-style.com

A decision by the Korean Government not to investigate Daewoo International Corporation for sourcing cotton from Uzbekistan over forced labour concerns has broken with its responsibilities as a member of the Organisation for Economic Cooperation and Development (OECD), campaigners say.

Tags: rules korea cotton breaks

 

Campaign urges ILO to press over Uzbek labour

2015-07-22 13:05:00| Daily apparel & textile news and comment - from just-style.com

The Cotton Campaign has joined forces with trade unions, investors and human rights organisations to call on the International Labour Organization (ILO) and its members to press the Uzbekistan government to end forced labour.

Tags: press campaign labour urges

 

Pressure on ILO to push for end to Uzbek forced labour

2015-07-22 13:05:00| Daily apparel & textile news and comment - from just-style.com

The Cotton Campaign has joined forces with trade unions, investors and human rights organisations to call on the International Labour Organization (ILO) and its members to press the Uzbekistan government to end forced labour.

Tags: end pressure forced push

 

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