26.08.2015 - 19:44 [ Bloomberg ]

Serbian Anti-Graft Watchdog Says Telekom Shouldn’t Be Sold

The government may not be able to sell publicly owned resources that the country’s largest phone operator may be using, including the telecommunications network, the anti-Corruption Council said on Tuesday, according to news service Tanjug. The appeal came a day after the cabinet allowed all eight non-binding bidders to continue in the sale of the largest on a list of state-owned assets that the government has slated for auction.

“A decision to sell the company should be carefully made,” the council said, according to Tanjug. It said “experts” have warned that there are no economic grounds to sell and urged the government to restructure the company financially, Tanjug reported.