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Ramaphosa orders probe of Telkom’s Africa asset sale deals

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PRESIDENT Cyril Ramaphosa has authorised a wide-ranging probe of possible maladministration in the disposal of Telkom’s assets – iWayAfrica, Africa Online Mauritius and Multi-Links Telecoms – during the telco’s sojourn in Africa.

The investigation, announced yesterday, gives the Special Investigating Unit (SIU) authority to investigate possible maladministration in the sale of these assets, which resulted in the telephony.

With the order, the SIU is to investigate any alleged “serious maladministration in connection with the affairs of Telkom; improper or unlawful conduct by employees, officials or agents of Telkom; unlawful appropriation or expenditure of public money or property; and unlawful, irregular or unapproved acquisitive act, transaction, measure or practice having a bearing upon state property”.

The crime-busting unit must also establish if there was “intentional or negligent loss of public money or damage to public property; offence referred to in Parts 1 to 4, or section 17, 20 or 21 (in

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