Kosovo Telecom default, prosecution has begun investigations

Kosovo Telecom default, prosecution has begun investigations

Kosovo Special Prosecutor's officials have confirmed to the newspaper “Voice” that they are investigating the abuses at Kosovo Telecom, which, they say, are related to the failure to implement judicial decisions and the Arbitrazhi decision. Telekom has been the most profitable company in Kosovo, which in 2011 had [...]

Kosovo Special Prosecutor's officials have confirmed to the newspaper “Voice” that they are investigating the abuses at Kosovo Telecom, which, they say, are related to the failure to implement judicial decisions and the Arbitrazhi decision.

Telekom has been the most profitable company in Kosovo, which in 2011 had paid 80m euros across Kosovo's budget, while days ago it became known that the company has 60m euros in debt.

Hich less than 80m euros had been paid in the Kosovo state budget by Telekom(TK) in 2010, until seven years later this company is on the brink of bankruptcy after debts to suppliers have reached 60m euros and it is hard to pay workers' salaries.

In 2011, from the profits created by Telekom had allocated 55m euros to the Government of Kosovo, 45m euros in 2012, 40m euros in 2013, from 15m euros during 2014 and 2015, and no cent had been paid in 2016 on the state budget in name of the divide.

At the time when S '%s' had money for the Washington Telekom was led by Agron Mustafa, who has expired the contract at the end of February of this year, while two months later the chairman of the Telekom Board, Besa Shatri-Berisha, at the Kosovo Government meeting, announced that the public company is on the brink of bankruptcy, after the company's debts have reached 60m euros, writes away “Zer <x1.

Due to allegations of misappropriations in Kosovo Telecom, the Special Prosecutor has launched investigations into the company.

The special prosecutor of the Republic of Kosovo is investigating abuses in Kosovo Telekom, which are related to the failure to implement judicial decisions and the Arbitrazhi verdict”, says the prosecution's written response to the newspaper “Zri”.

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