Multichoice’s parent company Naspers is reportedly investigating four employees at its pay-TV division on suspicion of fraud.
South Africa’s Financial Mail newspaper reports that the four are alleged to have defrauded Multichoice of Rand 11m. They allegedly manipulated the billing system MultiChoice uses to collect subscription fees, and redirected funds into their personal accounts.
Naspers head of investor relations Meloy Horn is quoted saying the employees were based at MultiChoice Africa's Randburg offices. "The investigation is at a sensitive stage. We are pursuing the matter in the courts and are awaiting a trial date.”
There are currently 1 users browsing this thread. (0 members and 1 guests)