Below is the open letter to the ABCe:
To: Craig Farham
Chairman
ABCe South Africa
From: Russell Hanly - GM e-Media24
Howard Plaatjes - MD IOL
Subject: Future participation in ABCe quarterly reporting
It is with regret that as longstanding participants of the ABCe audited reporting process, a decision has been reached by both IOL and e-Media24 to discontinue this involvement until further notice.
The reasons behind this decision are as follows:
We look forward to your response on the above issues and remain open toreconsidering our position on future participation once the necessary action steps are taken to rectify the current situation.
Yours faithfully,
Russell Hanly: Howard Plaatjes: