Mitesh Patel removed as chairperson and resigns as CEO after Gupta links
JOHANNESBURG - Nkonki Network Firms has announced that Mitesh Patel has been removed as the chairperson of Nkonki Network Firms.
Adding that he has also resigned as CEO of Nkonki Inc Sunninghill, following his alleged involvement with the Gupta family and the linked firm, Trillian.
Patel was removed as the chairperson by the Nkonki National Executive of the Nkonki Network Firms
Nkonki is registered with the Independent Regulatory Board for Auditors (IRBA).
This follows a series of articles published by the Daily Maverick.
"'Since the publication of the said articles by the Daily Maveric - Amabhungane – the National Executive of the Nkonki Network firms have engaged with Nkonki Inc Sunninghill on matter. The National Executive Committee views the allegations made against Nkonki Incorporated, Sunninghill and Patel, collectively referred to as “Nkonki Inc Sunninghill”, grave and unconscionable. The Nkonki Network firms are separate and independent legal entities to Nkonki Inc Sunninghill with no cross-ownership or directorship. The independently owned firms within," the company said in a statement.
"The Nkonki Network Firm National Executive and Network firms, state categorically that the network firms distance themselves from any alleged involvement with the Gupta family and Trillian by Nkonki Inc Sunninghill and Patel," the statement concluded.
- BUSINESS REPORT ONLINE