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 Is France Telecom involved in Kurdistan's Korek corruption case?

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Is France Telecom involved in Kurdistan's Korek corruption case? ‎ 3.4.2012 
Ekurd.net

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April 3, 2012

ERBIL-Hewlêr, Kurdistan region 'Iraq', — Ekurd.net has received an anonymous e-mail regarding France Telecom alleged involvement in corruption in Iraqi Kurdistan.

According to the uploaded PDFattachment in French language, which consists of 614 pages in French language, France Telecom also own 20% of Korek share.

Since we are not proficient in French, we are unable to independently verify the authenticity of the subject matter.

Some extracts from the received e-mail:

On page 430 of the document attached, one can see "Chiffre d'affaires" which means turn over for 269m Euro but you can also see "resultat net" which means net result - 57m Euro which is a huge loss when look at the size of the turnover and the size of the company itself.
 
 

It is impossible to do any IPO on Baghdad stock exchange with those figures while Baghdad was adamant on that still last year. The comment being made by Korek CEO ( Lebanese woman) "The promise of the regulator and the ministry is we should have 3G soon, so we are waiting for them to figure it out," Ghada Gebara, Korek chief executive, said by telephone" http://gulfnews.com/business/technology/iraq-telco-korek-awaits-frequency-to-launch-3g-1.994748 is not true.

You will note as well that France Telecom does not disclose the name of the company which represents the JV with Agility neither the nationality of this company. Their present statement doesn’t match with the announcement made in march 2011. It is assumed that there are kickbacks in the JV accounts.

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