EOH Holdings has released the results of an investigation by ENSafrica into corruption at the company, stating that \u201cevidence of serious governance failings and wrongdoing” was discovered at the company.<\/p>\n
The probe was requested by EOH CEO Stephen van Coller earlier this year, following reports of irregularities in the supply of Microsoft software to the South African government.<\/p>\n
ENSafrica discovered evidence of tender irregularities, EOH employees conspiring with preferred suppliers to inflate software licence sales, and inappropriate sponsorships and donations.<\/p>\n
Payments of R1.2 billion to 78 supplier entities are being investigated by the company to determine whether appropriate work was done for services rendered.<\/p>\n
EOH said it has terminated the employment of individuals directly involved in irregular activities. This announcement follows less than one day after the simultaneous resignation of three top EOH executives<\/a><\/strong>.<\/p>\n “The employment relationship with EOH has been terminated with individuals who have been directly implicated in the identified wrongdoing,” EOH stated.<\/p>\n The company added that it has reported the implicated parties to the Hawks and instructed ENSafrica to initiate criminal charges against the perpetrators to recover losses.<\/p>\n “In light of these findings, the Group is documenting and developing a comprehensive remediation plan,” EOH said. “A number of remediation measures have already been implemented and others will follow in due course.”<\/p>\n EOH Holdings has released the results of an investigation by ENSafrica into corruption at the company, stating that \u201cevidence of serious governance failings and wrongdoing” was discovered at the company.<\/p>\n","protected":false},"author":341028,"featured_media":259401,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[24248,60045,60041,35,60043],"class_list":["post-313465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-corruption","tag-ensafrica","tag-eoh-holdings","tag-headline","tag-probe"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/313465"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341028"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=313465"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/313465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/259401"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=313465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=313465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=313465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Now read: Another top Eskom executive is leaving<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"