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Telia balks at USD 1.4 bln settlement in Uzbekistan probe

2016-09-15 08:43:00| Telecompaper Headlines

(Telecompaper) Telia has received proposed settlement from US and Dutch authorities over investigations into its activities in Uzbekistan that would cost the company around USD 1.4 billion (SEK 12 billion). The company has been under investigation since the spring of 2014 over suspected bribery in obtaining its licence in Uzbekistan. Telia said it received new information from the authorities with proposals on a settlement. The information did not go into much detail, but suggests a total settlement amount of approximately USD 1.4 billion for all investigations. Telia chairman Marie Ehrling said in a statement that the company was prepared to take full responsibility for the "unethical and wrongful way" in which it entered the Uzbekistan market. However, "our initial reaction to the proposal is that the amount is very high", she said. The company will consider the information from the Dutch and US prosecutors before decide how to proceed in negotiations.

Tags: usd settlement probe uzbekistan

 

Oil refinery balks at lower pollution cap from Metro Vancouver

2015-03-26 02:46:45| Energy - Topix.net

Metro Vancouver is being warned its plan to tighten the limit on sulphur dioxide air pollution in the region could threaten the viability of the region's last local oil refinery. Chevron says its Burnaby refinery is being unfairly targeted by regional district staff, who have proposed a reduced ambient air quality guideline for sulphur dioxide that could force costly upgrades.

Tags: lower oil cap metro

 
 

Oil refinery balks at lower pollution cap from Metro Vancouver

2015-03-26 02:07:15| Oil & Gas - Topix.net

Metro Vancouver is being warned its plan to tighten the limit on sulphur dioxide air pollution in the region could threaten the viability of the region's last local oil refinery. Chevron says its Burnaby refinery is being unfairly targeted by regional district staff, who have proposed a reduced ambient air quality guideline for sulphur dioxide that could force costly upgrades.

Tags: lower oil cap metro

 

Newburgh balks at tax break for car dealer Updated at

2015-02-20 04:34:33| Auto Dealers - Topix.net

TOWN OF NEWBURGH – The Town of Newburgh is opposing tax breaks sought by a Cadillac and Chevrolet dealership that wants to build a $10 million addition to its property off Route 17K.

Tags: at updated car break

 

Nick Fish Balks at Allowing Short-Term Rentals in Apartments and Condos; the Expansion Still Passes

2015-01-14 23:30:51| PortlandOnline

Denis C. Theriault in the Portland Mercury, January 14, 2015

Tags: still apartments fish allowing

 

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