Knott-Craig responds to nepotism claims

2010-01-19 10:17

Former Vodacom CEO Alan Knott-Craig defended himself in the media today against allegations of nepotism.

He told Business Day newspaper that he had supported a KPMG

investigation into the allegations but that he “was not provided with an

official copy of the report and thus cannot comment on its findings”.

However, Knott-Craig added: “According to correspondence in my

possession I, and other employees against whom allegations were made, were

exonerated by Vodacom shareholders and the board”.

His reaction comes after the Sunday Times reported at the weekend

that a KPMG forensic audit report was compiled after two former Vodacom

employees accused Knott-Craig of exploiting company resources for the benefit of

family members.

The independent report was commissioned by Vodacom shareholders in

2008, said company spokesperson Richard Boorman.

“All 18 allegations were examined closely and two were deemed

worthy of more detailed review,” said Boorman.

“Through this independent process, both of these cases were

reviewed to the satisfaction of Vodacom’s shareholders and in neither case was

it deemed necessary to take any action against any individuals.”

According to the Sunday Times, the allegations claim Knott-Craig

helped his son with business ventures using Vodacom resources. He also allegedly

awarded a multi-million-rand contract to a marketing and advertising company run

by family members.

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