Pinnacle’s Tshivhase cleared of bribery charges - CNBC Africa

Pinnacle’s Tshivhase cleared of bribery charges

Southern Africa

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Pinnacle Holdings is one of Africa’s largest providers of ICT products and services. PHOTOS: Wikipedia/

This is according to written notification received from the Specialised Commercial Crime Unit of the National Prosecuting Authority of South Africa (SCCU) who said that charges against Tshivhase have been withdrawn due to insufficient evidence.

“The Company welcomes the decision. The conclusion and decision of the SCCU corroborates the Company’s own investigation into the matter and confirms the Company’s initial statement that from the evidence available to the Company, the Company was satisfied that there was no reason to doubt the veracity of Mr Tshivhase’s denial of the allegations,” said ICT provider, [DATA PNC:Pinnacle Holdings Limited], in a statement.

(READ MORE: Is Pinnacle's reputation at stake?)

In March 2014, Tshivhase was accused of attempting to bribe a senior police officer from the South African Police Service, five million rand to secure a multi- million rand contract for police equipment. He however denied the charges.

(READ MORE: S.African court postpones bribery case against Pinnacle executive)

Pinnacle said that Tshivhase, who was on leave of absence from the company pending the outcome of the case, will now resume his duties as executive director of the group.