Telkom has won its High Court case against President Cyril Ramaphosa’s proclamation to have the Special Investigative Unit look into deals that had been red-flagged.
When questioned about these contracts at the time, Telkom defended them, saying it received value for its money.
Telkom said the catalyst for the SIU’s recommendation to Ramaphosa that it should investigate matters dating back 15 years was Phutuma Networks executive chair and founder Edward Scott. The battle between Phutuma Networks and Telkom dates back to at least 2009 and involves the telegraph services Ramaphosa directed the SIU to investigate.
Telkom previously said that it had conducted its own investigation, which flagged possible cases of wrongdoing by two employees in one of these transactions.“Telkom issued civil summons against an employee with an eye to recovering losses amounting to $5 million relating to activities incidental to the transaction,” it added.
“As the matter is the subject of a criminal and civil nature, Telkom will deal with the case on its merits in the appropriate forum, in the appropriate manner, at the appropriate time.”
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