Adamjee is charged with fraud relating to colluding with a Cell C supplier to inflate invoices, resulting in losses amounting to R130m, according to the National Prosecuting Authority .
NPA spokesperson Phindi Mjonondwane said Adamjee's bail was granted with strict conditions, including that he reports at the Germiston police station commercial branch on Mondays and Fridays, between 6am and 5pm. He also may not put the house that is in his wife's name on the market during the duration of trial, he may not leave Gauteng and must hand over his passport to the investigating officer until finalisation of the matter.
“The accused was an information technology manager at Cell C. It is alleged that during the period 2012 to 2019, he colluded with a director of a contracted entity responsible for IT and network services at his workplace,” the Hawks said in a statement last week. The law enforcement agency added that their investigation into the alleged fraud and corruption began in 2020 after an internal audit by the network provider.
What a cheap crook? Let them face the wrath of the law
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Former Cell C executive, accused in R130m fraud case, released on R50 000 bailFormer Cell C executive Mohamed Ismail Adamjee, who is accused of orchestrating an elaborate scam that cost his employer R130 million, has been released on R50 000 bail. What’s the exec’s name? Where’s the pic? Akere you can release the pic since they’ve been charged? What is the name of this White man Generous amount... 🙄Yet a fraction what he allegedly stole.. But I won't skip the country with that amount of money.. Unless I'm thinking about going to Zim.. Perhaps.. 😂😂😂😂But, aren't they using the $ currency? Nah... I'll go to Somalia..
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