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Former Steinhoff director Stephanus Grobler appeared in court on charges of racketeering, three counts of fraud worth R21 billion ($1.1b), manipulation of financial statements and failure to report fraudulent activities.
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Former Steinhoff director Stephanus Grobler has appeared in court on charges of
People commit financial crimes because they have the motivation, the opportunity and the ability to rationalise what they do.
His actions resulted in billions of rands lost by South African and European shareholders and the pension funds of ordinary South Africans.