MTN to cooperate with investigators
MTN on Tuesday said it would cooperate fully with any probe into allegations of corruption.
CAPE TOWN - MTN on Tuesday said it will fully cooperate with any probe into allegations of corruption.
Earlier, the Hawks confirmed they had launched an official investigation into claims of corruption relating to the cellphone giant's operating licence in Iran.
In a brief statement sent to Eyewitness News , MTN said its board of directors had appointed the Hoffmann Committee to conduct an independent probe into the Turkcell allegations.
It was reacting to allegations that former boss Phuthuma Nhleko and other senior staff engaged in so-called corrupt acts to secure the licence.
Turkcell accused the cellphone giant of bribing government officials from both Iran and South Africa back in 2004.
On Tuesday, MTN emphasised its zero-tolerance approach to both corruption and unethical practices.
It promised to work closely with investigators.