S.Africa: Cell Phone company Cell C ‘defrauded’ of R357m over eight years
(:E-:N-:R-AZ:C-30:V)
[An Indian seems to have been the main guy in this fraud. Jan]A fraud scam to the tune of R357.3‑million allegedly from a “syndicate” led by a former Cell C information technology executive has highlighted the telecommunications company’s financial woes after it posted a R5.5-billion annual loss.
Documents from the National Prosecuting Authority (NPA) show how, from January 2012 to January 2020, Mohamed Adamjee allegedly orchestrated 83 transactions to defraud Cell C and worked with Manuel Teixeira, the former sales director of technology company Cornastone.
A company owned by Adamjee, Techno Genius, was used to allegedly funnel what the state asserts were ill-gotten monetary gains from Cell C, with the NPA document showing how his family members also supposedly benefited from the loot.
Bond and loan repayments, a Toyota Hilux, a Yamaha superbike, and cash gifts to relatives were some of the benefits Adamjee apparently bestowed on family and close friends.
Source: https://mg.co.za/business/2021-09-05-cell-c-defrauded-of-r357m-over-eight-years/
Dr William Pierces greatest quote: The Destiny of the Race
Dr William Pierce said many great and deep things. But the quote that really hits me in the pit of my stomach is this one.
Shop: Odins Wheel pendant
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