SHOCKING ALLEGATIONS ROCK MTN: CEO Ralph Mupita Embroiled in Favouritism Scandal
A bombshell report has emerged, claiming that MTN Group CEO Ralph Mupita has been accused of showing preferential treatment to a female executive, sparking a revolt among top executives who are threatening to quit.
According to sources, an unspecified number of executives have come forward, alleging that Mupita has been playing favourites, and are demanding action to address the issue. The Sunday Times newspaper reported that the executives are "furious" and "humiliated" by Mupita’s alleged behaviour.
MTN’s board has launched an investigation into the allegations, but insiders claim that the company’s governance processes are woefully inadequate, allowing Mupita to operate with impunity.
The Public Investment Corp, MTN’s largest shareholder, has expressed concern over the allegations, warning that corporate governance failures could have serious consequences for the company’s operations and shareholder value.
Mupita has sent a letter to staff, assuring them that the company has processes in place to address employee matters, but insiders claim that the CEO’s response has only added to the tension.
As the scandal continues to unfold, questions are being raised about Mupita’s leadership and whether he is fit to run one of Africa’s largest companies.
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