{"id":48226,"date":"2013-10-24T11:30:02","date_gmt":"2013-10-24T09:30:02","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=48226"},"modified":"2013-10-25T09:13:05","modified_gmt":"2013-10-25T07:13:05","slug":"telkom-suspends-finance-head-schindehutte","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/48226\/telkom-suspends-finance-head-schindehutte\/","title":{"rendered":"Telkom suspends finance head Schindeh\u00fctte"},"content":{"rendered":"

The board of Telkom<\/a> has suspended the company\u2019s chief financial officer, Jacques Schindeh\u00fctte<\/a>, pending a disciplinary process.<\/p>\n

Shares in Telkom fell 3.86% or R1.08, to R26.92 on the JSE shortly before noon.<\/p>\n

“The board was recently made aware of certain allegations and appointed an independent law firm to investigate them. The results of the investigation were presented to the board, and the board took professional advice about the correct way to deal with the report,” Telkom said in a statement.<\/p>\n

The board was advised to suspend Schindeh\u00fctte, pending a disciplinary hearing.<\/p>\n

\u201cThe board of directors is determined to act responsibly and to uphold all governance requirements,\u201d said Telkom Group CEO Sipho Maseko<\/a>.<\/p>\n

\u201cWe have a duty to investigate and to test the validity of allegations which are brought to our attention through an appropriate process. We will do this fairly, without favour or prejudice.”<\/p>\n

\u201cThe board and the company will ensure that the correct procedures will be implemented to manage this matter in a fair manner.<\/p>\n

\u201cAll our stakeholders will be informed of the outcome of the disciplinary hearing once the matter is concluded. Until then, the company is not in a position to provide more information,\u201d said Maseko.<\/p>\n

Telkom has appointed its deputy chief financial officer, Deon Fredericks<\/a>, as acting chief financial officer to ensure there is continuity in the financial management function.<\/p>\n

More news on Telkom<\/h3>\n

Telkom appoints new CIO<\/strong><\/a><\/p>\n

Telkom undervalued: analyst<\/strong><\/a><\/p>\n

Vodacom confirms executive exit<\/strong><\/a><\/p>\n

Telkom expects jump in earnings<\/strong><\/a><\/p>\n

MTN vs Vodacom vs Telkom: how much are they really making?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The board of Telkom has suspended the company\u2019s chief financial officer, Jacques Schindeh\u00fctte, pending a disciplinary process.<\/p>\n","protected":false},"author":10,"featured_media":48228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[26,1079,2414,65],"class_list":["post-48226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-headline","tag-jacques-schindehutte","tag-sipho-maseko","tag-telkom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=48226"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48226\/revisions"}],"predecessor-version":[{"id":48338,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/48226\/revisions\/48338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/48228"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=48226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=48226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=48226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}