MTN Group has cleared its CEO Ralph Mupita of any misconduct following an independent investigation into an anonymous complaint that he had shown preferential treatment to a female executive.

Several C-suite executives of the telecom company were planning to resign following allegations that Mupita had favoured a top, unnamed female executive with whom he allegedly has a close relationship.

According to the Sunday Times, Mupita attempted to divert crucial duties from the aggrieved executives toward the unnamed female executive, sparking allegations of impropriety.

MTN Group’s board launched an investigation into the matter through an independent law firm but no evidence was found to substantiate the allegation.

In a statement, the board said: “MTN has noted the media reporting in the past few days regarding allegations of complaints against members of the Group’s executive.”

“MTN shareholders are advised that the group board held a special meeting on Wednesday 4 September 2024 to deliberate on a report by an independent law firm, assisted by counsel, tasked to verify allegations contained in an anonymous complaint against members of the MTN executive."

It continued: “The independent report stated that attempts to engage with the complainant were unsuccessful and found that there was no evidence of improper conduct by those cited in the complaint.

"In its deliberations, the board accepted the report finding and is of the view that the matter has been addressed and is now closed.”