Corruption at EOH laid bare

[Jamie McKane]

Corruption at EOH laid bare

EOH paid R865 million to subcontractors where there is no evidence that work was done and there was a lot of inappropriate gifting, sponsorships, and donations.

This was one of the pieces of information shared by EOH CEO Stephen Van Coller in his testimony at the Zondo Commission on 23 November 2020.

 

[karnuffel]

and out of the flames ioco was born......

 

[Creag]

Why do I get a PDF opening on my PC when I open the article?

 

[Kola_CT]

Why do I get a PDF opening on my PC when I open the article?

I get this...

Bribes and corruption at EOH laid bare

EOH CEO Stephen Van Coller played open cards about the company paying bribes and kickbacks to secure lucrative tenders.

mybroadband.co.za

 

[Gordon_R]

Can someone please explain who EOH are? I have read 3 articles, all saying they are a big IT company, but I have no idea what they do...

I posted a related link in the State Capture thread: https://mybroadband.co.za/forum/threads/state-capture-inquiry-begins.971069/post-26474880

 

[Kola_CT]

Can someone please explain who EOH are? I have read 3 articles, all saying they are a big IT company, but I have no idea what they do...

IT

IOCO South Africa -

iOCO: a South African based ICT services provider with global reach, offering adaptive, scalable solutions with offices across Europe, Africa & the Middle East.

www.eoh.co.za

 

[Gordon_R]

IT

IOCO South Africa -

iOCO: a South African based ICT services provider with global reach, offering adaptive, scalable solutions with offices across Europe, Africa & the Middle East.

www.eoh.co.za

Corporate PR crap. What do they actually do?

This link gives a better overview:

EOHJ.J - | Stock Price & Latest News | Reuters

Get Eoh Holdings Ltd (EOHJ.J) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments

www.reuters.com

The Company offers a range of information technology (IT) services, software, IT infrastructure, industrial technologies and outsourcing (BPO) solutions. Its IT service includes IT managed services, application support, IT management, software development and integration, information services, network solutions, IT security solutions, cloud solutions and digital solutions. It offers software, including enterprise resource planning, business intelligence, information analytics, customer relationship management and EOH niche software. It offers IT Infrastructure, including storage, servers, network equipment and office automation. It offers Industrial Technologies, such as industrial automation, data centers and connectivity, energy services, water technology, transport technology and environmental management. It also offers human capital solutions, claims and payment solutions, customer services, finance and administration services.

 

[The_Ogre]

Can someone please explain who EOH are? I have read 3 articles, all saying they are a big IT company, but I have no idea what they do..

Well, do you know BCX? It's their direct competitor

 

[Kola_CT]

What do they actually do?

Apparently scaly **** with IT tenders on a large scale.

 

[supersunbird]

He added that some employees were simply stealing money from EOH for political donations, and in some cases, to enrich themselves.

Van Coller said their investigation uncovered both undisguised donations and disguised donations.

“The undisguised donations…the issue is the size and the fact that it is to a single political party – the ANC,” he said.

 

[Excalibur]

Van Coller said their investigation uncovered both undisguised donations and disguised donations.

“The undisguised donations…the issue is the size and the fact that it is to a single political party – the ANC,” he said.

Mmm were these solicited by Zweli Mkhize?

 

[Herr der Verboten]

Black Economic Empowerment works

 

[supersunbird]

Black Economic Empowerment works

What are you on about?

 

[Excalibur]

 

[Kola_CT]

What are you on about?

See post #15.

 

[JohnStarr]

Can someone please explain who EOH are? I have read 3 articles, all saying they are a big IT company, but I have no idea what they do...

I posted a related link in the State Capture thread: https://mybroadband.co.za/forum/threads/state-capture-inquiry-begins.971069/post-26474880

Why not use Google. They're a big IT company who have been around for years.

 

[JohnStarr]

Well, this doesn't bode well for them does it?

 

[Jet-Fighter7700]

to get ahead in Business in SA, you are quite literally forced to be corrupt and pay bribes,
its almost the national sport at this stage.

all the big boys need to pay bribes to get contracts.
just the nature of the game.

 

[mercurial]

to get ahead in Business in SA, you are quite literally forced to be corrupt and pay bribes,
its almost the national sport at this stage.

all the big boys need to pay bribes to get contracts.
just the nature of the game.

And then you have to worry about being shaken down by gangsters, literally.

 

[stoymigo]

Can someone please explain who EOH are? I have read 3 articles, all saying they are a big IT company, but I have no idea what they do...

I posted a related link in the State Capture thread: https://mybroadband.co.za/forum/threads/state-capture-inquiry-begins.971069/post-26474880

They are a large IT company, I guess they provide various services depending on the tender requirements.

They delivered the below earlier this year

New Solidarity Fund website built in under 2 days

EOH and its subsidiary iOCO have built a web presence for the Solidarity Fund in under 48 hours.

mybroadband.co.za