Business / Companies
Millions vanish at NetOne
04 Oct 2013 at 05:09hrs | Views
State owned mobile telephone operator NetOne may have been prejudiced of millions of dollars amid allegations of flouted tender procedures, outright fraud and misappropriation of income from the sale of airtime recharge cards while employees who dared speak out are allegedly victimized.
Disgruntled current and former employees allege managing director Reward Kangai, finance and administration director Godfrey Tarupuwa and marketing and sales director Memory Ndoro-Mandiya are at the centre of the shady business activities that have prejudiced the mobile operator of more than $5 million in unsecured debt for airtime supplies.
Claims are that NetOne One Wallet project was the first network to come up with the idea of mobile money but it had failed to take off as top managers sold the idea to other competitors.
The report also lists the usual hefty salaries ($40 000), perks and benefits allegations. MD Reward Kangai is aware of the allegations.
Disgruntled current and former employees allege managing director Reward Kangai, finance and administration director Godfrey Tarupuwa and marketing and sales director Memory Ndoro-Mandiya are at the centre of the shady business activities that have prejudiced the mobile operator of more than $5 million in unsecured debt for airtime supplies.
Claims are that NetOne One Wallet project was the first network to come up with the idea of mobile money but it had failed to take off as top managers sold the idea to other competitors.
The report also lists the usual hefty salaries ($40 000), perks and benefits allegations. MD Reward Kangai is aware of the allegations.
Source - independent
