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TimesLIVE reports that former Cell C executive Mohamed Ismail Adamjee was released on R50,000 bail by the Johannesburg specialised crimes court on Tuesday.
Adamjee is charged with fraud relating to colluding with a Cell C supplier to inflate invoices, resulting in losses amounting to R130m. National Prosecuting Authority (NPA) spokesperson Phindi Mjonondwane said Adamjee's bail was granted with strict conditions, including that he should report at the Germiston police station commercial branch twice a week. He also may not put the house that is in his wife's name on the market during the duration of trial, he may not leave Gauteng and must hand over his passport to the investigating officer until finalisation of the matter. The case was postponed to 14 April for further investigation. The Hawks indicated in a statement last week: “The accused was an information technology manager at Cell C. It is alleged that during the period 2012 to 2019, he colluded with a director of a contracted entity responsible for IT and network services at his workplace.” The investigation into the alleged fraud and corruption began in 2020 after an internal audit by the network provider.
- Read the full original of the report in the above regard by Belinda Pheto at TimesLIVE
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