Last week Republicans seized on news that David Plouffe, a senior advisor in the White House, had accepted $100 000 from a subsidiary of MTN for two speeches he gave in Nigeria shortly before joining the White House staff in 2010. “Today’s story raises serious questions about [US President] Barack Obama’s senior
Browsing: Turkcell
Former ambassador to Iran Yusuf Saloojee has been suspended from his position at the department of international relations & cooperation. “Yes, he has been suspended pending the outcome of an investigation,” spokesperson Clayson Monyela said. The investigation related to allegations that Saloojee accepted
The department of international relations has confirmed it is investigating allegations that the former ambassador to Iran, Yusuf Salojee, accepted…
MTN has filed a motion to dismiss the case filed against it by Turkey’s Turkcell in a US federal court, the JSE-listed telecommunications group said on Tuesday. MTN filed the motion to dismiss the case on Monday, 2 July. The operator says Turkcell’s claim against it in the US is the latest of four legal
Turkish cellphone operator Turkcell has accused SA-based multinational mobile giant MTN of orchestrating a “cover-up” rather than a credible investigation into claims that the South Africans bribed and influence-peddled their way into Iran in 2005. The Turkish company said in a statement that
The MTN group CEO Sifiso Dabengwa said on Friday the record needed to be set straight regarding allegations of bribery relating to a mobile phone licence in Iran. “MTN has been threatened and attacked by a disappointed competitor and a disgruntled former employee,” he said in a statement
Former MTN Group president and CEO Phuthuma Nhleko has again rubbished allegations that either he or the telecommunications operator paid bribes to secure an operating licence in Iran. In a statement, Nhleko says the allegations, made by Turkcell, are without foundation
MTN has acquired nearly R1,4bn in its own shares in the past three months in a move it says is meant to improve returns to its shareholders. Between 8 March and 28 May 2012, the telecommunications group says it has bought back shares to the value of R1,36bn. The total value of shares bought back
MTN’s share price is likely to remain wobbly as jittery foreign investors face massive pressure from US authorities and lobby groups to quit their exposure in Africa’s R255bn cellphone giant because of its business activities in Iran. The company is in danger of being smacked with US sanctions for allegedly providing the Iranian government
New twists have emerged in the US$4,2bn lawsuit filed by MTN’s cellphone rival, Turkcell, in a US court. Chris Kilowan, the disgruntled former MTN director in Iran who, according to sources, approached Turkcell with MTN memos that formed part of the court filings but have yet to be verified, could find that his actions backfire on him.