Telkom CEO “vehemently” denies car fraud allegations

Share on facebook
Share on twitter
Share on linkedin
Share on email

Telkom‘s CEO Sipho Maseko has issued a statement to staff at the utility company, saying that he denies any allegations made against him concerning car fraud.

The statement stems from Maseko’s alleged involved in making use of fraudulent licence plates to avoid traffic fines.

In July last year, it came to light that a person who bought a car from Maseko  claimed that he received over R30 000 in traffic fines linked to a car owned by Maseko which had the same licence plate.

Maseko appeared in the Wynberg Magistrate Court on Friday to face the allegations.

In his statement to Telkom’s staff, Maseko said “[I] vehemently deny any intention to defraud any person or organisation.”

He said that since being in court, he has had time to study the allegations.

“Today, for the first time, I have been formally presented with charges regarding this previous motor vehicle license plate. In the past year I have felt extremely frustrated by the lack of clarity regarding these claims which meant I was unable to resolve them. Having now received full discovery of the allegations being made, I am finally in a position to study the detail and will respond accordingly.”

He confirmed that there are three charges against him – one of fraud and two others related to the Road Traffic Act.

“I want you to know that I vehemently deny any intention to defraud any person or organisation. All necessary representations will be made to progress this matter. I will continue to fully cooperate with the authorities so this matter may be correctly resolved.”

[Image – CC by 2.0/Cehter]



Hypertext creates relevant business and consumer technology content for our readers. We live at the crossroads of invention, culture, mobile, 3D printing and more, where the greatest ideas of today inspire the innovations of tomorrow.


[mailpoet_form id="1"]