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Vodacom Tanzania Says Firm Accused Of Causing $4.76 Million Loss To Government

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 Jacques Marais as acting managing director.―Reuters

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