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EOH supports DA’s investigation into former management

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The DA’s Joburg caucus is to lay criminal charges against the mayor and former EOH management, with the new management’s blessing

Stephen van Coller CEO of EOH at the company's annual results presentationthe troubled technology group working to regain its reputation in the wake of a corporate governance scandal — says it stands behind

The DA’s Johannesburg caucus said on Tuesday it will lay criminal charges against the city’s mayor, Geoff Makhubo, and EOH. EOH’s management, under CEO Stephen van Coller, has been working hard to salvage the company’s reputation after allegations of malpractice and tender irregularities. It hired law firm ENSafrica to investigate the allegations. The probe found R1.2bn in suspicious transactions, mostly involving public-sector contracts, which ensnared the group in state capture.

 

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