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General

Neotel CEO resigns after being cleared of irregularities

Tuesday 8 December 2015 | 08:51 CET | News
Sunil Joshi, the CEO of South Africa's Neotel, has resigned with immediate effect to pursue his own interests after being cleared in a probe that looked into possible tender irregularities. A statement from the company said Joshi was placed on leave earlier this year by the board while it investigated some transactions between Neotel and Homix. The board noted that Joshi complied with the process and fully supported the board. The board said it found nothing to date that implicates Joshi personally in any bribery or corruption activities.

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Categories: General
Companies: NeoTel
Countries: South Africa
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