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Stakeholder update: EOH’s legal counsel Steven Powell to provide further testimony to State Capture Commission
EOH HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: EOH ISIN: ZAE000071072
(“EOH”)
STAKEHOLDER UPDATE: EOH’S LEGAL COUNSEL STEVEN POWELL TO PROVIDE FURTHER TESTIMONY TO THE JUDICIAL
INQUIRY INTO ALLEGATIONS OF STATE CAPTURE
EOH wishes to advise stakeholders that EOH’s legal counsel and ENSafrica’s head of the Forensics
Department, Steven Powell will be providing further testimony to the Judicial inquiry into allegations
of State Capture (the Commission) related to the findings of the ENSafrica forensic investigation, today
at 12pm.
Stakeholders are reminded that, EOH Group Chief Executive Officer, Stephen van Coller and Steven
Powell initially provided testimony to the Commission in November 2020, related to irregular legacy
EOH contracts. The ENSafrica investigation initiated in February 2019 at the EOH Board's instruction,
covered the period from 2015 to the arrival of Stephen van Coller in September 2018. Steven Powell’s
testimony today is a continuation of his initial testimony from November 2020.
The EOH independent forensic investigation itself is now behind the group, and we have reported
suspected fraud and corruption to the authorities and instituted legal proceedings where appropriate.
We have also duly engaged the relevant law enforcement agencies to ensure that anyone found guilty
of wrongdoing will ultimately be held accountable for their actions.
The support and feedback we have received from our investors, clients, staff, suppliers and many
other stakeholders has been encouraging and we are enormously appreciative of your ongoing
support, collaboration and encouragement. Driven by a strong ethical core, the EOH of today
continues to develop and provide best-in-breed technology solutions.
25 May 2021
Sponsor
Java Capital
Date: 25-05-2021 12:00:00
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