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TeliaSonera’s CEO Resigns Following Uzbekistan Report

Lars Nyberg resigned as President and CEO of TeliaSonera following an outside review of  Mannheimer Swartling regarding illegal business practices by the firm in Uzbekistan.  While the review did not find evidence that TeliaSonera engaged in bribery or participated in money laundering, it did criticize TeliaSonera for not vetting its investment partners in Uzbekistan.

TeliaSonera’s Board of Directors has appointed Per-Arne Blomquist as acting President and CEO.

http://www.teliasonera.com

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