January 22, 2013

Mannheimer Swartling informs about TeliaSonera assignment

In early October, Mannheimer Swartling Advokatbyrå and Biörn Riese were appointed to conduct a review of TeliaSonera’s highly publicised investment in Uzbekistan.

The assignment had been preceded by speculation and designations in the media that the business transactions may have been conducted in a questionable manner.

As the assignment has generated considerable media attention, Biörn Riese will report regularly on the review process on Mannheimer Swartling’s website.

“The purpose is to update on how far we have come in our work. Furthermore, this can also make it easier for people who consider themselves to have information about the transactions to contact us,” says Biörn Riese.


Update from 29 November 2012

Work on the puzzle continues and a picture begins to appear


TeliaSonera has assigned Mannheimer Swartling to investigate under my leadership whether TeliaSonera’s investment in a 3G-license, frequencies and number series in Uzbekistan in 2007 involved any form of corruption or money laundering. The assignment also includes all subsequent transactions between TeliaSonera and the local partner Takilant.
Persons involved
Within the firm, I am working with four colleagues in what constitutes our core group. This group is composed of specialists in, among others, corporate governance and CSR.
We are also drawing on the specialist expertise of additional colleagues to address specific issues.
The process thus far can be divided into three areas:

  • Collection of information and facts; of which approximately 80% now has been completed.
  • Analysis; of which approximately 30% now has been completed.
  • Writing the report; of which approximately 50% now has been completed.

By and large, our work is proceeding according to plan. However, contact with individuals and authorities in Uzbekistan and other countries outside of Sweden has been delayed.
We have now reviewed and analysed the documents that we have gained access to and the documentation now seems relatively complete. We have interviewed all but one of the board members who were serving in 2007. We have continued to interview other persons of interest. We have also sought contact with persons and authorities abroad that we would like to establish contact with. A few people still remain to be interviewed in Sweden and abroad. We have been in contact with representatives of organisations that claim to have information about the transactions and we continue to welcome people who believe they have information that may be of interest to contact us. Contact with journalists has also continued.
I have previously said that we intend for our work to be completed well before the end of the year. However, critical for this timeline being met is our having contact with people and government agencies not located in Sweden and whom we still want to get in contact with.
The possibility of establishing these contacts is what ultimately will determine whether we will be able to complete our investigation before the end of the year or during January 2013.
Read the update from 13 November 2012