Unlike the 3G license transaction, the 4G license transaction was not presented to the board of directors or the Finance Committee of the board. Instead, the 4G license transaction was reviewed as part of a management process called B-FLAT (Business, Fiscal, Legal, Accounting, and Treasury). B-FLAT was designed to give functions outside of the business group visibility into significant transactions. While several members of B-FLAT questioned the structure of the 4G license transaction and raised concerns to more senior officers of VimpelCom, the transaction proceeded as proposed. Ultimately, the B-FLAT members approved the 4G license transaction and VimpelCom paid $30 million to Local Partner A through Takilant. Unitel recorded an intangible asset and a payable to Watertrail.