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David Nurek, the former deputy chairman of Business Connexion (BCX), was reported to have believed that Telkom appeared to have more information about BCX's results than its own board, according to the competition commission's senior counsel, Owen Rogers.
Rogers said that subsequent to this meeting it emerged that Telkom had directly approached Sasol, which was one of BCX's major clients, and told the oil and gas company that it did not need the services of BCX any more.
Well now we can see how TELKOM operates.Rogers said that subsequent to this meeting it emerged that Telkom had directly approached Sasol, which was one of BCX's major clients, and told the oil and gas company that it did not need the services of BCX any more.
Watt acknowledged that this had happened. "Telkom wanted to deal directly with Sasol and cut us out," he said.
"When I became aware of this I immediately took it up with Telkom and told them they could not behave in that way."
Nurek and Berkowitz wanted to press Telkom for damages or at least for an explanation. When nothing was forthcoming, they both resigned last December.
We can only hopemy information on the proposed merger is that there is a high probability that it will be prevented by the competition authorities...