![]()
Leading mobile operator in South Africa, MTN, has said that it is investigating accusations by rival Turkcell regarding a bribery claim for its Iran business. According to company reports, Turkcell has claimed that MTN transferred improper payments to a government official in Iran in order to secure a licence.
The company has said that they have set up a special committee to investigate these claims. In a statement, the company has said that Turkcell was planning to initiate legal action in the US claiming that the operator violated the laws while applying for the licence.
Further, the company has said that MTN has zero tolerance for corruption and unethical business practices. Accordingly, the Board of Directors has established a special committee consisting of non-executive directors to consider the allegations made in support of the Turkcell US Claim. The Board has appointed Lord Leonard Hoffmann, an internationally renowned jurist, to chair the committee, to oversee and validate its investigation, and to ensure the integrity and independence of the investigation.
