As many as five former directors of Sentech could soon face criminal charges related to a deal the state-owned company concluded for the lease of technology equipment with IT finance company RentWorks Africa. Sentech chairman Quraysh Patel told
Browsing: Mohammed Cassim
Sentech’s board has nominated a new CEO to lead the troubled stated-owned company. But it will only be a position to name the individual chosen once cabinet has approved his appointment, probably later this month. That’s the word from Sentech chairman Quraysh Patel
A triumvirate of Sentech executives has been appointed to lead the troubled state-owned broadcast signal distributor until a full-time CEO can be appointed. TechCentral has learnt from sources at Sentech that a caretaker team has been appointed, led by acting chief operating officer Dingane Dube.
The ministry of communications is confident the board of directors it has selected to manage Sentech will turn around the state-owned business and it will not interfere in the running of the company. This is despite a newspaper report at the weekend that acting CEO Beverly Ngwenya and chief financial officer Mohammed Cassim had resigned and were being charged for “gross negligence” as a result of alleged reckless spending.