{"id":442,"date":"2012-02-11T00:00:00","date_gmt":"2012-02-11T00:00:00","guid":{"rendered":"https:\/\/transparency.mk\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/"},"modified":"2021-02-11T14:14:17","modified_gmt":"2021-02-11T13:14:17","slug":"the-magyar-telekom-affair-challenge-to-the-legal-practice","status":"publish","type":"post","link":"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/","title":{"rendered":"The Magyar Telekom affair  challenge to the legal practice"},"content":{"rendered":"<div align=\"justify\">\n<p><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\">31.01.2012 In the period of 2000 and 2006 a small group of former high executives of the Company and it\u2019s subsidiaries in Macedonia authorized spending of about 24 million euro through over 20 suspect consultancy, lobbying and other contracts between the Company and its subsidiaries and Cyprus based consulting company on the other hand. Were this funds indeed transferred to Cyprus shell companies to be fully or partially used to bribe high governmental officers with in the Government of Macedonia, as it is stated in the White &amp; Case final report and document of the USA institutions, that is to be answered by the authorities that may make and audit on the route of the made transactions to their final destination. <\/span><\/p>\n<p><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\">\u00a0Findings and conclusions based on the evidence available to the internal auditor of the Magyar Telecom and their counsel White &amp; Case, are contained in the Annual Report of activities for the Group of the Makedonski Telecom AD \u2013 Skopje for the 2009, as well as the statement that some former employees of Magyar Telecom Plc. deliberately destroyed documents related to the investigation.\u00a0 \u00a0<\/span><\/p>\n<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/presentation_telecom_31.01.2012.pdf\">presentation_telecom_31.01.2012<\/a><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/chaptex_holdings_ltd.pdf\">chaptex_holdings_ltd<\/a><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/registration_-_chaptex_holdings_ltd.pdf\">registration_-_chaptex_holdings_ltd<\/a><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/directors_-_chaptex_holdings_ltd.pdf\">directors_-_chaptex_holdings_ltd<\/a><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/criminal_usa_v_dt_agreement.pdf\">criminal_usa_v_dt_agreement<\/a><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/transparency.mk\/wp-content\/uploads\/2012\/02\/sec_litigation_executives_-_usa.pdf\">sec_litigation_executives_-_usa<\/a><\/div>\n<div align=\"justify\"><\/div>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">Following the opening of the epilogue of the investigation about the activities of Magyar Telecom, in the period 2000 \u2013 2007, Transparency International \u2013 Macedonia produced a Report based on relevant and through Internet available public document and information.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">Our interest emerged as a result of the fact that some of those corruptive contracts are tightly connected to Magyar Telecom subsidiaries in Macedonia as Makedonski Telecom AD \u2013 Skopje and related firms. The interest was supported with information provided to the media by official authorities, claiming that they did everything to resolve the case, but it was impossible to reach precise information about the owners of the named Cyprus firms and the flow of the money.\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">The Report we have made is based on the publicly available official document, mainly Annual reports of Makedonski Telecom for 2009, court and other publicly available documents of the USA Ministry of Justice and SEC dated 29 December 2011, submitted due violations of the Foreign Corrupt Practices Act (FCPA) and Securities Exchange Act, 1934, against legal entities Magyar Telekom and Dojce Telecom, and 3 individuals: Elek Straub, Andras Balogh and Tamas Morvai; as well from information for activities of Macedonian bodies mandated for criminal prosecution. \u00a0\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">On initiative by the internal revision of the company, doubting the legality of certain executed and paid agreements, the investigation was performed by White &amp; Case.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 In their Final Report, White &amp; Case state reasonable doubt for corruption of functionaries and leaders of political parties in Macedonia by executives of Makedonski Telecommunications AD, aimed to obtain benefits on the market of telecommunication services in 2005 and 2006. In the report, White &amp; Case among the rest, state that there are: &#8230; facts and circumstances arising out of or related to, among other things, privatization of Macedonian Telecommunications AD, certain contracts for consulting and lobbying associated with, and consecutive actions of Makedonski Telecommunications AD, including agreements with Cosmotelko Added Value Services SA (aka Cosmotelco Telecommunication Services SA), Chaptex Holdings Limited and \/ or their subsidiaries and interactions with government officials associated with the activities of Makedonski Telecommunications AD. Investigation and the results are justified interest in the Company. &#8230; Evidence shows that, contrary to the rules, many of these contracts were undertaken to obtain specific regulatory incentives from the Government of Macedonia. Generally Companies received benefits that were sought and then made <\/span>\u200b\u200b<span style=\"font-family: 'Arial','sans-serif';\">payments under one or more suspect contracts. There is evidence that the remaining contracts were also illegal and formed a pool of funds vailable for purposes other than those specified in the contracts. <\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">In the Agreements with the criminal authorities in the USA, Magyar Telecom Plc. \u2026 recognizes, accepts and confirms that it is responsible and that the allegations in the Criminal Information about what happened between 2005 and 2006 are accurate, truthful, and that the Company neither is, nor would argue with in possible future litigation.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">After the analysis of the documents stated above TI-M accepted the following general conclusion:<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.25in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">1)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">The case covers a wider range of activities, persons, period and money amounts than it is the task of prosecution institutions in Macedonian<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">a)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">The investigation conducted by White and Case covered the period from 2000 to 2007. More than 20 questionable contracts were found with aggregate amount exceeding 24 million euro.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.25in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">2)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">In this case three phases may be recognized and can distinguished<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">a)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Preparation &#8211; organizing, devising<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">i)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Straub, Balogh and Morvai to ensure delayed entry of a third competitor in the market for telecommunications and in order to reduce radio frequency fees, initially threatened the Government of the Republic of Macedonia that will not distribute dividends for 2005 then through an intermediary explicitly made <\/span>\u200b\u200b<span style=\"font-family: 'Arial','sans-serif';\">it clear that some solutions of the new Law on electronic communications are unacceptable<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">b)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Mediation, negotiation<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">i)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Using the same intermediary made <\/span>\u200b\u200b<span style=\"font-family: 'Arial','sans-serif';\">a selection of companies located in Cyprus that could be contracted with illegitimate contracts, for which more than 4 million euro should be transferred<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">c)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Execution &#8211; contracts and transactions<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">i)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Then between 2005 and 2006 instructed the executives in Makedonski Telecom AD to conduct more than seven agreements with aggregate amount of 4,875,000 euros. Although the purpose of the agreements was not fulfilled or economically justified. All arrangements were under the census of one million euro by which they must be approved by the Board of Makedonski Telecom AD. Some of the contracts were anti dated for further bypassing of internal controls at Magyar Telekom.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.25in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">3)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Macedonian persecution authorities enter only the third stage<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">a)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">organizers, intermediaries and some transactions are not covered by their procedures<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">i)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">agreements only between 2005 and 2006 are covered where as the period investigated by White and Case covers the period from 2000 to 2007<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">ii)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Official authorities claim that the names of intermediaries are unknown even for the authorities in the U.S., otherwise if they were known, than the Public Prosecutor of the Republic of Macedonia would know them too.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.5in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">b)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Many of the actions covered by the provisions of the Criminal Code and the people there are grounds for suspicion that committed them, are not covered by the procedures<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt 0.75in; text-indent: -0.25in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">i)<span style=\"font: 7pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span style=\"font-family: 'Arial','sans-serif';\">Organizing in criminal association by Straub, Baloh and Morai<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">From the records of proceedings in the U.S. and report White and Case it is clearly stated that they observed contracts with the firm Cosmotelco Telecommunication Services SA (whose principal was Mr. D. Kontominas) and Chaptex Holding Company Limited made in the investigated period.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">TI-M collected a certificate from the Central Registry of Companies in Cyprus for the Chaptex Holdings Limited. The record recognizes that co owner is Mr. D. Kontominas along with the company Demko SA.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; text-indent: 0.5in; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span style=\"font-family: 'Arial','sans-serif';\">Mr. Kontominas is a powerful businessman in Greece and in United States, who is constantly present in the Macedonian media in the period after 2000, due to his business interests in Macedonia, and because of its very frequent contacts with Macedonian politicians from all provenances and coalitions. Transparency International Macedonia was able to provide information which the public prosecutor stated is impossible to obtain. We also provided other information on indirect clues such as the previously concluded business agreement<\/span><span lang=\"EN\" style=\"font-family: 'Arial','sans-serif'; color: #333333;\">s. What remains is to be seen how the Macedonian criminal legal practice shell respond to the challenge Magyar Telekom affair established.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 0.0001pt; line-height: normal;\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif; color: #000000;\"><span lang=\"MK\" style=\"font-family: 'Arial','sans-serif';\">\u00a0<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the period of 2000 and 2006 a small group of former high executives of the Company and it\u2019s subsidiaries in Macedonia authorized spending of about 24 million euro through over 20 suspect consultancy, lobbying and other contracts between the Company and its subsidiaries and Cyprus based consulting company on the other hand. Were this funds indeed transferred to Cyprus shell companies to be fully or partially used to bribe high governmental officers with in the Government of Macedonia, as it is stated in the White &#038; Case final report and document of the USA institutions, that is to be answered by the authorities that may make and audit on the route of the made transactions to their final destination.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[85],"tags":[],"class_list":["post-442","post","type-post","status-publish","format-standard","hentry","category-news","category-85","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Magyar Telekom affair challenge to the legal practice - Transparency International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Magyar Telekom affair challenge to the legal practice - Transparency International\" \/>\n<meta property=\"og:description\" content=\"In the period of 2000 and 2006 a small group of former high executives of the Company and it\u2019s subsidiaries in Macedonia authorized spending of about 24 million euro through over 20 suspect consultancy, lobbying and other contracts between the Company and its subsidiaries and Cyprus based consulting company on the other hand. Were this funds indeed transferred to Cyprus shell companies to be fully or partially used to bribe high governmental officers with in the Government of Macedonia, as it is stated in the White &amp; Case final report and document of the USA institutions, that is to be answered by the authorities that may make and audit on the route of the made transactions to their final destination.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\" \/>\n<meta property=\"og:site_name\" content=\"Transparency International\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TransparencyMK\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-11T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-11T13:14:17+00:00\" \/>\n<meta name=\"author\" content=\"Meto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ti_macedonia\" \/>\n<meta name=\"twitter:site\" content=\"@ti_macedonia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Meto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\"},\"author\":{\"name\":\"Meto\",\"@id\":\"https:\/\/transparency.mk\/#\/schema\/person\/441f90f705251dd361acf90fb32e6e7f\"},\"headline\":\"The Magyar Telekom affair challenge to the legal practice\",\"datePublished\":\"2012-02-11T00:00:00+00:00\",\"dateModified\":\"2021-02-11T13:14:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\"},\"wordCount\":1219,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/transparency.mk\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\",\"url\":\"https:\/\/transparency.mk\/en\/2012\/02\/11\/the-magyar-telekom-affair-challenge-to-the-legal-practice\/\",\"name\":\"The Magyar Telekom affair challenge to the legal practice - 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