Former Cell C executive, Mohamed Ismail Adamjee is set to return to court in April 2021 for his fraud and corruption case, after being released on bail yesterday.
The National Prosecuting Authority (NPA) took to Twitter on Tuesday, 26 January 2021, to report on the status of the fraud and corruption case of former Cell C executive, Mohamed Ismail Adamjee. Adamjee was in the Johannesburg Specialised Crimes Court when he was granted bail of R50 000, with conditions.
According to the statement by the NPA, “Adamjee made his first appearance on Friday, 22 January 2021, charged with fraud and corruption relating to inflating invoices submitted by Information Technology (IT) service providers, resulting in losses amounting to R130 million by the network provider, Cell C.”
The case has been postponed to Wednesday, 14 April 2021, to allow for “further investigations” into the case. His bail conditions include reporting to the Germiston South African Police Service (SAPS), not selling the house in his wife’s name, and not travelling outside the province until the matter has been settled.
See the post below.
Former Cell C executive charged with fraud and corruption to the tune of R130m was granted bail, with conditions. pic.twitter.com/2JCJdtixJo
— NPASouthAfrica (@NPA_Prosecutes) January 26, 2021
Sabelo Makhubo
s.makhubo@politicalanalysis.co.za