Too much money made

Comvik International Vietnam AB has made USD 47 million too much in revenues since year 2000 argues a Vietnamese government report, reveals the Swedish news portal Dagens Ps.
     The Swedish telecom operator is however not accused of any wrongdoings.
     Instead the report points its finger against the then head of Vietnam Posts & Telecommunications Corp, VNPT, for being a lousy negotiator when the revenue sharing agreement was drafted.
     The company has declined to comment the report while the Swedish embassy in Hanoi means the Swedish company has done its part by the book, writes Dagens Ps.
     Comvik is controlled by the Swedish finance family Stenbeck and has been in Vietnam for more than ten years. In Vietnam Comvik operates a GSM Service called Mobifone.

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