Telkom’s Mostert back at work
Telkom has lifted the suspension of Marius Mostert, a senior executive at the company.
In March this year, Mostert was suspended after certain tender-related allegations were levelled against him.
“With Mostert being a key member of senior management, this process was vital for both Mostert and the Telkom Group in the spirit of fairness and transparency, as well as the Company’s consistent adherence to Sarbanes-Oxley and the King II codes for sound corporate governance,” Telkom said.
“Due internal processes were immediately instituted. This included a thorough independent forensic investigation. However, no evidence could be found to implicate Mostert of any wrongdoing.”
Telkom said it could no longer justify the continuation of Mostert’s suspension and he resumed his responsibilities as Group Executive for Network Infrastructure Provisioning on 1 June 2009.
Marius Mosterd suspension – give your views
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