MTN execs cleared of fraud
The Director of Public Prosecutions (DPP) has withdrawn a court case previously brought under private prosecution against a number of MTN Uganda executives, citing a lack of evidence.
MTN president and CEO Sifiso Dabengwa, Uganda board chairman Charles Mbiire and 11 others were accused of fraud by a former employee.
“The chief magistrate of the Buganda Road Court has formally accepted the withdrawal of the case. This brings to end all matters related to the tax allegations made by dismissed staff, against the MTN Uganda executives,” MTN said in a statement on Friday.
MTN said in December that it would forge ahead with its criminal prosecution and civil claim against former employee Naphtali Were and the directors of Threeways Shipping Service, for their active involvement in allegedly defrauding MTN Uganda.
MTN alleges that Threeways submitted numerous fabricated shipping invoices to the mobile operator, starting in 2009 and amounting to US$3,8 million.
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