BTRC to take further clarification from GP

Staff Correspondent | Published at 12:05am on August 29, 2018

Bangladesh Telecommunication Regulatory Commission will seek further clarification from leading mobile phone operator Grameenphone regarding the audit findings that claimed Tk 11,530 crore from the operator for the period of 1996-2017.
A move in this direction was taken following request from the telecom operator after the audit report, prepared by third-party auditor, was finalised for making claim, a senior official of the commission told New Age.
As the operator expressed its interest to clarify further its stance over the audit report that was carried out by Toha Khan Zaman & Co in association with India’s CNK & Associates LLP, the commission would provide GP with the scope, he said.
Under the initiative, the commission already forwarded the audit report to the mobile phone operator, he said.
The government has issued a demand letter to mobile operator Robi claiming Tk 867 crore after accepting a separate audit report on the company at a commission meeting held on July 19.
The claim amount of GP was also accepted in the same meeting but the commission is yet to issue final demand letter to GP in this regard.
The commission would issue a letter on the final claim to GP after getting its response over the audit report.
When contacted, GP chief corporate affairs officer Mahmud Hossain told New Age on Tuesday, ‘We have received the audit report from BTRC and will take some time to assess the findings.’
‘On initial review, however, we feel that there are several areas of grave concern, which require further review,’ he said.
‘We will provide our response as per the instructions from the regulator,’ Mahmud said.
The amount to be paid by GP includes Tk 7,443 crore in BTRC dues and Tk 4,085.95 crore in NBR dues.
As per the audit report, the leading mobile phone operator shared Tk 1,039.08 crore less revenue with the telecom regulator since 1997.
The operator’s outstanding payable to the BTRC includes Tk 5,129.16-crore compound interest or compensation for delay payment.