EOH hits back at R39m tax allegation

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EOH hits back at R39m tax allegation
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Company rejects a media report containing the allegations that it owes taxes to the SA Revenue Service as ‘replete with factual inaccuracies’

due to underhanded dealings with one of its subsidiaries, after media reports earlier this week that the technology group says are full of “factual inaccuracies.”

In response EOH said: “This article was set in motion after a request for information addressed to our EOHchairperson. As part of our commitment to transparent engagements with all stakeholders we requested formal engagements with the media house which were unfortunately ignored.“It is further important to note that EOH and its subsidiaries’ conduct were at all times informed by both expert legal advice and in accordance with internationally accepted accounting practices.

In September 2018, the group brought in Van Coller — a former MTN executive — to turn around the group, which was facing a R4bn debt pile at the time.

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