Vivendi files a corrupt organisations complaint against T-Mobile

Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

Hema Malik

IPG Mediabrands

Anita Kotwani

Dentsu Media

Archana Aggarwal

Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

Suhasini Haidar

The Hindu

Sheran Mehra

Tata Digital

Rathi Gangappa

Starcom India

Mayanti Langer Binny

Sports Prensented

Swati Rathi

Godrej Appliances

Vivendi files a corrupt organisations complaint against T-Mobile

Vivendi

MUMBAI: Global European media conglomerate Vivendi has announced that it filed a Racketeer Influenced and Corrupt Organisations Act (Rico) complaint in federal court in the State of Washington in the US.

The charge is that T-Mobile illegally appropriated Vivendi's $2.5 billion investment in Polish mobile telecom operator Polska Telefonia Cyfrowa (PTC), through a pattern of fraud and racketeering.

Named in the complaint are T-Mobile USA, T-Mobile Deutschland, Deutsche Telekom AG and . Zygmunt Solorz-Zak, who controls another Polish company Elektrim, which is Vivendi's joint-venture partner for its investment in PTC.

According to the suit, this case involves two companies, Vivendi and T- Mobile, that have substantial business activities in the US, one of whom (T-Mobile) colluded with Mr. Solorz-Zak in a pattern of racketeering activity over US wires as part of an unlawful scheme to take over an enterprise, PTC, and corrupt another enterprise, Elektrim.

Vivendi says that it considers that T-Mobile and Mr. Solorz' Elektrim illegally appropriated its $2.5 billion investment in PTC and, at every turn, have defied court orders. By filing this Racketeer Influenced and Corrupt Organisations Act complaint, it is asking the court for a simple remedy - give back its money or its PTC shares.