Vodacom Tanzania says firm accused of causing $4.76 mln loss to government

NAIROBI: Vodacom Tanzania said on Thursday it was being accused of causing an 11 billion shilling ($4.76 million) loss to the government as part of charges levelled against its managing director and other employees over allegations of fraudulent use of network facilities.

“A bail application for the individuals in police custody will be heard in (the) next few days,” Vodacom Tanzania said in a statement. The company also said that it had appointed South African Jacques Marais as acting managing director.

Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents showed.