EOH says probe reveals unethical practices and suspicious transactions worth ZAR 1.2 billion

Tuesday 16 July 2019 | 14:52 CET | News
South African ICT group EOH says the investigation by legal firm ENSafrica into its past dealings has revealed suspicious transactions worth ZAR 1.2 billion and evidence of serious governance failings and wrongdoing. It said that payments of ZAR 1.2 billion to approximately 78 supplier entities are being investigated to determine whether appropriate work was done for services rendered. It noted that 84 percent of the payments were made to 20 entities. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: EOH
Countries: South Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


EOH to sell Twenty Third Century Systems to reduce debt

Published 05 Aug 2019 12:19 CET | South Africa
South African ICT group EOH plans to cut its debt load by selling off its stake in Twenty Third Century Systems (TTCS) and its ...

EOH appoints Newman as chief risk officer

Published 05 Aug 2019 12:10 CET | South Africa
South African ICT group EOH announced the appointment of Fatima Newman as the company's new chief risk officer. Newman is an ...

EOH senior executives resign ahead of release of probe results

Published 16 Jul 2019 13:47 CET | South Africa
South African ICT group EOH's most senior executives have resigned, as the company was expected to publish on or about 16 July ...

EOH rolls out anonymous whistleblowing app

Published 26 Jun 2019 11:24 CET | South Africa
South African ICT group EOH has announced the development and internal launch of the ExposeIT App, a whistleblowing tool that ...

EOH says no longer reseller of Microsoft software licences

Published 26 Mar 2019 10:57 CET | South Africa
EOH said in a notice to shareholders that Microsoft is doing its own probe into contracts involving Microsoft and government, ...

EOH suspends employees involved in alleged corruption

Published 26 Feb 2019 09:52 CET | South Africa
South African ICT group EOH has suspended some employees involved in deals being reviewed by its lawyers after an anonymous ...

EOH Mthombo loses Microsoft reseller contract

Published 13 Feb 2019 15:58 CET | South Africa
Microsoft has cancelled its channel partner agreement with South Africa's EOH Mthombo. The software company has served the EOH ...

EOH gains AWS advanced consulting partner status

Published 07 Feb 2019 10:57 CET | South Africa
EOH has announced that it has achieved Advanced Consulting Partner status in the Amazon Web Services (AWS) partner network (APN). ...

Calendar   /   Industry Events

25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug Dell Technologies fiscal Q2
29 Aug SeaChange fiscal Q2
29 Aug Bouygues Telecom Q2 2019
29 Aug Marvell Technology fiscal Q2
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Tech Data fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
30 Aug 5G Leadership Summit 2019
30 Aug Telekom Slovenije AGM
::: More Calendar Items