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Management of Kyrgyztelecom sign contracts damaging interests of company -- Accounts Chamber.

The management of the Kyrgyztelecom JSC knowingly signed the contracts damaging interests of the company, according to the audit report of the Account Chamber of Kyrgyzstan. The report covers the period from 1 July 2011 to 31 December 2012. Particularly, the report questions the contracts for lease of equipment and channel capacity even in cases when it was unnecessary and the company had its own resources. According to the audit report, Internet access standard contracts do not envisage adequate period for preliminary notification about termination, in the result the company incurs significant financial losses with regard to expansion of own channel capacity, which already does not have a buyer in fact. The audit found the fact of unsanctioned use of network interconnection by NetCom Ltd. The contract of April 2009 envisages $10,000 fine for unsanctioned use of network interconnection by any side. The Kyrgyztelecom sent a claim to the NetCom in September 2011, but the fine wasn't paid yet. The audit also revealed that damage of power generating units of backup servers led to loss of information on utilization of external channels for September 2012.

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Publication:AKIpress News Agency
Date:Jan 22, 2014
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