September 3rd, 2010
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Deutsche Telekom investigated on suspicion of bribery at Hungarian unit

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German prosecutors are investigating Deutsche Telekom on suspicion of bribery at its Hungarian unit Magyar Telekom, German daily Suddeutsche Zeitung reported on Friday.

A spokesman for Deutsche Telekom confirmed the report.

The investigation of eight Deutsche Telekom managers concerns questionable contracts at Magyar Telekom’s units in Macedonia and Montenegro uncovered in 2005.

In a final report on an internal investigation of the contracts published in December 2009 Magyar Telekom’s audit committee said contracts worth a combined EUR 31m that “served improper purposes” had been signed at the units.

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  1. wolfi says:
    September 3, 2010 at 2:12 pm

    Can someone find out what nationality the managers are?

    In Germany there are enough of those greedy types …