Exclusive | Microsoft terminated longstanding partner agreements with EOH after an anonymous whistle-blower filed a complaint about alleged malfeasance with the US Securities & Exchange Commission.
Stephen van Coller has called on anyone with evidence of corruption involving the JSE-listed IT services group to bring it to him as he attempts to “root out” any “historical, unethical business practices”.
EOH Holdings has “proactively initiated” an internal investigation into subsidiary EOH Mthombo’s channel partner business unit after Microsoft served a notice of termination on two agreements with the company last Friday.
EOH Holdings on Friday published an open letter to its stakeholders after its shares were pummelled this week following the news that Microsoft had terminated two partner agreements with its subsidiary, EOH Mthombo. Read the full letter here.
EOH Holdings has said the potential loss of partner agreements with Microsoft South Africa within the next 30 days won’t have a material impact.