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General

Neotel CFO resigns

Monday 30 November 2015 | 09:09 CET | News
South African operator Neotel's CFO Steven Whiley has resigned in the midst of an investigation into allegations of corruption against him. Whiley and CEO Sunil Joshi were both placed on "special leave" at the beginning of August while the company investigated their involvement in allegedly bribery and corruption in connection with a Transnet deal worth ZAR 1.8 billion, ITWeb reported. This after the Mail & Guardian reported the two were involved in payments worth tens of millions of rands to the letterbox company Homix to clinch the lucrative Transnet deal. Neotel said Whiley "complied with

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Categories: General
Companies: NeoTel
Countries: South Africa
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