Information technology company EOH said on Friday it has reached an agreement with the Special Investigating Unit (SIU) and the department of water & sanitation (DWS) to pay back R177m it irregularly received from its dealings with the department.
EOH has announced details of its plan to go to shareholders for cash to resolve its legacy debt issues, sending its share price sliding to a multi-year low.
Information technology company EOH said on Friday it has reached an agreement with the Special Investigating Unit (SIU) and the department of water & sanitation (DWS) to pay back R177m it irregularly received from its dealings with the department.
Hawks swoop on EOH after alleged fraud iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
EOH plans to right its issues iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.