[DATA TKG:Telkom SA SOC Limited] said that Schindehütte will retire from the Board with immediate effect.
(READ MORE: S.Africa's Telkom tells CFO to pay back loan )
Schindehütte, who served as the group’s CFO since 2011, was suspended in October 2013 and was found guilty of personal misconduct following an investigation in January this year.
(READ MORE: Telkom CFO suspended pending investigation)
Telkom has yet to clarify what charges Schindehütte will be facing.