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EOH shocked by its inclusion in Eskom statement

"EOH is currently engaged with the JSE and Eskom on Eskom's Sens disclosure," the technology group said in Wednesday's statement. "The two allegations mentioned in the announcement are matters that have been fully investigated and the matters concluded last year. EOH was found not to be implicated in either allegation. "

Other suppliers mentioned in Eskom's list of reportable irregularities that gained contracts without following correct procedures included Bizz Tracers, Huarong Asset Financing, Cliffe Dekker Hofmeyr, McKinsey and Trillian.

Former Absa and MTN executive Stephen van Coller recently issued a statement after his first 100 days as EOH's CEO in which he said "specific legacy issues have affected the company's value."

Van Coller announced a new structure, which among other things, will improve the group's accountability.

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