The Special Investigating Unit (SIU) says it is considering its legal options after having its investigation into Telkom ruled invalid.
The Special Investigating Unit says it is considering its legal options following a High Court judgement which declared as invalid the unit’s authorisation to investigate the affairs of Telkom.
According to the unit, the court’s Gauteng Division in Pretoria found that Telkom is not a state institution and therefore, the SIU could not probe its affairs. “In terms of the Special Investigating Units and Special Tribunals Act 74 0f 1996, the SIU is empowered to investigate allegations of corruption and maladministration in the affairs of state institutions like government departments, municipalities, and state-owned entities; to recover financial losses suffered by the state and prevent further losses,” the unit said.Currently, the government directly holds a 40.5% shareholding in Telkom, with a further 15.
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