EOH cautions shareholders for the third time in 2019
A year ago, EOH hired law firm ENSafrica to review all its large, historical technology contracts with the state
Embattled technology group EOH said on Wednesday it was assessing the financial impact of the findings of the investigation into tender irregularities by law firm ENSAfrica. A year ago, EOH hired ENSafrica to review all its large, historical technology contracts with the state.
The law firm's interim report released in July uncovered "suspicious transactions" worth R1.2bn. Among other things, ENSafrica found tender irregularities and "other unethical business practices", including bribery and theft, mainly within the public sector business operated by EOH Mthombo, implicating a small group of employees...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.