Thursday 17 June 2010

Etisalat defends Dh37m bonuses - Emirates Business 24|7


Etisalat is currently having a "constructive dialogue" with the State Audit Institution (SAI).

The federal agency recently reported etisalat chairman and board members had paid themselves a total of Dh37.5 million in bonuses in 2009, and noted a string of discrepancies in bonuses and salaries at the firm.

The dialogue involves harmonising the different accounting and financial standards used by the agency and the country's largest telecom operator.

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