The audience reveals another fraud to Telekom with PayCos company

Since June 2021, bills have been accepted based on terms of the basic contract, leaving the contract side by side.

According to the audience, from the change of the contract, Telekom has increased the cost of basic sales of 9.7% to 11.45 %. As a result of this annex, other projections have increased.

“From June 2021, the company has not registered the accepted bills based on the memorandum of understanding, but it has done their registration based on the terms of the basic contract. Thus the amount of obligations presented in mirrors do not match obligations claimed by PayCos Company.

Regarding this contract, the prosecution has filed an indictment against former Kosovo Telecom chief Agron Mustafa because of criminal activity “bringing about the harmful contract”. Mustafa is allegedly causing Telekom huge financial damage with millions of figures.

According to the Constitutional Prosecutor's announcement, defendant Agron Mustafa, at the time he was serving as chief executive in Telekom, has caused serious damage that accounts for over 6.7m euros.

According to the audience's report, the public company “Telekom” had linked the contract to sell their products to the Economic Operator “PayCos” with a date of 16,03.2015 where the OE plays the mediator/distributor of the sale to the third parties.

Products and Services Prices Include T V The US and the total retail sector was 9.7% of the transaction.

A year later the company had signed an annex where each type of revision to be paid to PayCoschi has added 18% on behalf of the VAT.

Changes from the basic contracts that have taken place following the signing of a memorandum of understanding for best accounting practices in the projects, the company has increased sales costs for the privatisation for basic sales of 9.7% to 11.45%. As a result of this annex, other projections have increased.

From June 2021, Telekom has not recorded the bills accepted under the memorandum of understanding, but it has done their registration based on the terms of the basic contract. Thus the amount of obligations presented in mirrors do not match obligations claimed by PayCos.

As a result of this in 2022 PayCos had initiated an arbitration process against Telekom worth 1,484,000, plus interest 8% from the date of arbitrage initiative.

In the same process, the company has initiated against the PayCos indictment for the value of 4,406,000.

Regarding the “case PAYCOS” , the prosecution in May of this year has filed an indictment against former Kosovo Telecom Chief Executive Chief Agron Mustafa because of criminal work “The introduction of the harmful contract”.

Mustafa is allegedly causing Telekom huge financial damage with millions' numbers, says Insander newspaper

According to the Constitutional Prosecutor's announcement, defendant Agron Mustafa, at the time he was serving as chief executive in Telekom, has caused serious damage that accounts for over 6.7m euros.

The excise has risen on May 3, 2023.

“Foundation Procurory in Pristina, announces the public opinion that following the development of investigations, collection and analysis of evidence, on May 3rd, 2023, it has filed an indictment against defendants A.M., because of criminal work “the introduction of the harmful contract”, from Article 291 paragraph 2 related to paragraph 1, and with reference to Article 81 paragraph 1 under paragraph 1, and 1.5 of KPRK “, it says.

According to the indictment, the defendant, in the quality of Kosovo's Executive Chief of Telecom, the US in Pristina, in 16.03.2015 and in continued knowledge has acted at the expense of PTK, so that through the links of annexes, agreements changing the terms of the contract to the disparity of the company he represented, instead of defending its interests, the same has deliberately caused much damage to Kosovo Telecom, and that, worth 6,796,732 million (six hundred and seven hundred and seven thousand and seven hundred thousand euros).

This defendant has done a highly-intensive criminal act, so the State Prosecutor, in the case of the establishment of the indictment, has proposed to the Court that the defendant be convicted and be convicted according to the law for criminal acts that are placed at the burden of”, it is said in the communiqué.

Insander had reported days earlier on the outcome of the investigation process.

Otherwise, Mustafa was charged on another occasion, which in December 2022, the Court of Appeals has confirmed the first degree act, which on September 21st 2021, had declared a free trial against three former Kosovo Post and Telecom leaders (PTK), Agron Mustafa, Ejup Qerim and Raje Gjonbalaj, charged with corruption.

After two and a half years of investigation, Pristina's Constitutional Prosecutorship has filed an indictment against former Telekom Chief Executive Officer Agron Mustafa, who is suspected of signing a million contract with the company “Paykos”.

According to the prosecution, the damage it has done to Kosovo Telekom is huge. It's over 6.7m euros that have been poured into the “Paykos” company.

The newspaper Insander has learned that the owner of this company is businessman Andmen Zeqiray.

The prosecution is investigating Agron Mustafa for criminal work “The introduction of the harmful contract”. In the public community, they have indicated that Mustafa has been acting at PTK's expense since March 2015, making deals with harmful contracts and annexes, acting on the disparity of the company he represented Telekom.

The same “has deliberately caused damage to Kosovo Telekom on a large scale, and the value of 6,796,732 #”, says the report.

But what's the deal?

This all started eight years ago. Telekom linked a million contract to “Paykos” for the sale of the operator “Vala” to the organisation of the rewarding games in Kosovo Telecom.

The million contract signed by former Telekom chief Agron Mustafa and the company <x0kos” by the owner Armend Zeqiraj fell into the hands of police and Prosecution since June 2020, when Kosovo Telecom had delivered a criminal row for the first time.

This contract allegedly brought major damage to Kosovo Telecom.

According to data, just four months after it was registered as a business, this company had signed contracts with millions of-worth Telekom. Through this agreement reached in March 2015, it owed sale, distribution and promotion of Pre Paid warheads. It was signed by the former chief chief of PTK, Agron Mustafa

By contract, “PayKos” was obliged to expand the network of stock market points through Kosovo. Based on documents, around 10m euros is company profit “PayCos” for four years if it accounts for revenues from the company's sales, a 9.7 per cent bill, and discounts and bonus worth “PayCos”

By the year of the signing, “PayKos” has earned around 7.5m euros as commissions for sale of fillings, minimum around 1m euros for ferry arrivals, as well as minimum about 1m euros for the purchase of discount prices by the operator. Duration had been changed several times. In October 2016, the parties agreed that the deal will last until 2020, with the possibility of continuing for another four years. While a new five-year deadline was added in December 2017, starting on January 1st 2018.

Since 2020 this contract has been investigated by investigative agencies.