Suspended NetOne CEO Faces Criminal Investigations In South Africa And DRC For Defrauding Former Employer

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Suspended NetOne chief executive officer Mr Lazarus Muchenje faces criminal investigations in South Africa and the Democratic Republic of Congo (DRC) for allegedly defrauding his previous employer Intarget Mobile Advertising of an undisclosed amount.

Muchenje was suspended after he sued Minister of ICT and Cyber Security Supa Mandiwanzira, 6 NetOne board members, 9 NetOne executives and the Office of the President and Cabinet for allegedly flouting corporate governance rules by interfering in the running of NetOne. The Herald reports Intarget Mobile Advertising chief executive officer Mr Norman Parking wrote an email on Tuesday informing the NetOne board of the criminal investigations.

The email seen by The Herald reads:

I became aware of the case between yourself and Lazarus Muchenje in the media. I wish to send this email to notify you of criminal investigations against Lazarus Muchenje in both South Africa and DRC, for defrauding the board and shareholders of his previous employer, Intarget Mobile Advertising. I wish to collaborate with yourselves to bring Mr Muchenje to task. Please make contact with me should you wish to explore this collaboration.


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More: Herald

Supa MandiwanziraNetOne

Supa Collins Mandiwanzira is a Zimbabwean politician, entrepreneur, former government minister and former journalist. He is the former Minister of Information Communication Technology and Cyber Security in the Republic of Zimbabwe. Mandiwanzira is the founder of Zimbabwe's only privately owned radio station, ZiFM Stereo through... Read More About Supa Mandiwanzira

NetOne Zimbabwe was the first mobile phone operator in Zimbabwe, the company was launched in 1996. The company is a privately owned company in which the Zimbabwe government has a stake and was formed as a subsidiary of the Posts and Telecommunications. Corporation (PTC). Service... Read More About NetOne

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2 comments

  1. Worried Reply

    Why is this coming to light now…. Did the board and minister not do due diligence… What’s the real story

  2. Shumba Murambwi Reply

    what worries me here are a number of things ; 1. the interference of a minister in the running of a parastatal. This is not right . Take note Supa advised the board that his sekuru Mutandiro was fired and not the other way . Everyone knows kuti Supa has been milking these telecomms for years . He is now one of the richest people in zim
    2. why try to throw dirt when you have fired the guy ? all those stories are nonsensical
    3. Supa is now the mafia in telecomms . Read Kangai ‘s report on Net One
    4. Gehena rako richauyawo ………

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