Court papers reveal how JBN deal raised red flags for ex-MTC board members

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Recent court filings reveal how a looming deal to sell the Johannesburg Broadband Network (JBN) infrastructure and buy the attached services from the new owners raised red flags for former members of the board of the Metropolitan Trading Company (MTC).

A little-known municipal-owned entity, the MTC, manages the Johannesburg Broadband Network.

The DA has since accused the PA of "manoeuvring" and insiders have now also come forward with claims that the MTC has in fact been at the centre of political wranglings for years.Eight of the former board members subsequently turned to the Johannesburg High Court with an urgent bid to be reinstated, arguing their termination was unlawful; effected with the ulterior motive to extend the executive teams’ contracts without following due process; and irrational.

Former board member, Happyboy Molobye, said in the papers that they discussed the deal at their very first board meeting on 23 March this year. In the city’s papers, meanwhile, City Manager Floyd Brink insisted the deal had nothing to do with the removal of the board, saying it was a "legacy" issue.

 

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