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July 25, 1994

BELGACOM VIES TO RETRIEVE UNPAID MONEY FROM CONSULTANTS

By CBR Staff Writer

Belgacom NV says it will start negotiations to get unpaid money back from consultants that advised its mobile phone unit Belgacom Mobile, whose director Peter Drummond just resigned: In a number of consultancy contracts for Belgacom Mobile, the necessary rigour has not been applied; Belgacom’s board of directors agrees with KPMG’s recommendation to start negotiations with these suppliers and if necessary to use all means to get back sums unduly paid, it said.

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