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