Telkom blocks SIU probe with high court win

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Telkom blocks SIU probe with high court win
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Ramaphosa-ordered SIU probe into old contracts that lost the company about R20bn declared invalid and set aside

Telkom, which has just turned down a takeover bid by its former CEO, has won a case putting an end to an investigation into its ill-fated operations in Nigeria and Mauritius more than a decade ago.

In January 2022, President Cyril Ramaphosa ordered a probe of Telkom’s forays in the two countries, giving the Special Investigating Unit wide scope to look into allegations of corruption and malfeasance in the company’s affairs dating as far back as 2006...

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