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Local directors of Iraq’s Korek reject accusations from foreign shareholders

Reuters reports:

Three local directors of Iraqi mobile telecoms operator Korek have rejected accusations from the firm’s foreign shareholders that they mismanaged and squandered tens of millions of dollars.

Iraq Telecom, the name of the joint venture of Kuwaiti logistics firm Agility and France’s Orange, this month filed a claim against the trio in the Dubai International Financial Centre Courts.

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