Page 5 - Peter Staude News Today

The multi-billion rand fraud case involving Tongaat Hulett executives has been postponed.

South African competition watchdog has approved Tongaat takeover – with conditions

South African competition watchdog has approved Tongaat takeover – with conditions

Clearing a major hurdle standing in the way of Magister and Zimbabwe’s Rudland family.

The sugar company has named 10 executives implicated in the PwC investigation

Review hearing of Takeover Regulation Panel exemption granted to the company took place last week.

With criminal prosecution of white collar corporate crime rare in SA, analysts took heart this week when six former executives of JSE-listed Tongaat Hulett and an external auditor appeared in court on charges of fraud totalling about R3.5bn.Those in court included former Tongaat CEO Peter Staude and former CFO Murray Munro who both face 24 charges that included fraud and racketeering, for allegedly manipulating the company's accounts over several years.

It’s not every day that a company welcomes criminal charges being brought against its former executives, but nothing about sugar producer Tongaat Hulett seems ordinary these days. It’s not every day that a company welcomes criminal charges being brought against its former executives, but no...

Our round-up of successful criminal prosecutions, arrests or ongoing matters in South Africa’s courts based on media releases from the National Prosecuting Authority. We do this to reflect on the rule of law and to make justice visible. Our round-up of successful criminal prosecutions, arrest...

Although it is more than four years since Markus Jooste distributed his famous "mea culpa" SMS, his day in court is drawing nearer.