The Zeepay saga: Did the CEO use a personal MTN wallet for company transactions?

Yet, despite the seriousness of that allegation and the damage it has caused to both the individual and the company, there has been no public statement from MMFL directly confirming whether the wallet in question was in fact a personal wallet or a corporate merchant wallet registered under an authorised representative.

The missing evidence Perhaps the most significant unanswered question is this: Despite months of allegations that the CEO received company funds into his personal mobile money account, no publicly available evidence has identified a specific personal MTN Mobile Money wallet belonging to him.

The Mobile Money wallet at center of allegations One of the allegations that has received significant public attention is the claim that customer funds were processed through what has been described as the CEO’s personal MTN Mobile Money wallet.