Saturday, 19 September 2020

DRCONGO: FINANCIAL DIRECTOR FOR VODACOM CONGO RELEASED


The financial director for the Democratic Republic of Congo's most profitable cellular network Vodacom Congo, has been released from custody.

 


Oomar Chuto was set free on 18 September 2020, after spending four days in detention, at the Office of the State Prosecutor.


He was arrested by the judicial police on suspicious of forgery and falsification of documents. It's alleged that Oomar Chuto had been forging Vodacom's financial statements as to reduced the tax and revenues the company owes to the State.


Last year 2019, Vodacom Congo, which is 51% owned by parent company Vodacom South Africa, was embroiled in a legal battle after the Congolese Ministry of Telecommunication withdrew its 2G license, citing irregularities in the awarding process. According to Minister Emery Okundji, Vodacom Congo had to pay USD65 million instead of the USD16 million it paid in order to obtain such license.

An agreement was later struck between both parties.


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