Telecom Italia executive suspended after private corruption probe
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Telecom Italia (TLIT.MI), opens new tab (TIM) suspended and replaced its chief procurement on Wednesday after his office was searched as part of an investigation into alleged private corruption.
In a search warrant seen by Reuters, Rome prosecutors alleged that Simone De Rose received, “in the context of a corrupt relationship between private individuals”, 50,000 euros ($53,875) from an NTT Data Italia manager.