Businessman pursues R11bn damages claim against Telkom

Businessman Dr Edward Scott’s company Phutuma Networks is pursuing an R11 billion damages claim lodged against Telkom over a tender awarded in 2007. The founder and executive chairman believes if the telecommunications company is investigated by the Special Investigating Unit (SIU), as directed by president Cyril Ramaphosa, the unit will unearth the alleged irregularities in the awarding of the tender.

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. Telkom argued that the directive to look into the company was motivated by Scott’s complaint about the awarding of the tender several years ago.According to the founding affidavit seen by ITWeb, the genesis of the allegations referred by the president to the SIU are complaints made by Scott about two tenders issued by Telkom in 2005 and 200

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