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Vimpelcom's (VIP) $6.5B sale of a majority stake in Algerian unit Djezzy 93 to the government...

  • Wednesday, March 28, 2012, 10:02 AM ET
    Vimpelcom's (VIP) $6.5B sale of a majority stake in Algerian unit Djezzy 93 to the government takes a twist as a court fines the CEO of the company 93B dinars ($1.3B) in a fraud case that could also lead to a prison sentence, Reuters reports. Djezzy was convicted of "making false statements regarding the import of services."
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