Tongaat Hulett confirms civil claims totalling R450m against implicated former executives
For the alleged accounting irregularities that rocked the group in 2019 and forced it to restate is financial results for two years.
Source: moneyweb.co.za
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Tongaat Hulett goes after former execs including ex-CEO Peter Staude in R450m civil claim
Sugar producer Tongaat Hulett has filed a R450 million civil claim against some of its former executives and is also seeking a order declaring them as delinquent directors.
Source: news24.com
Tongaat slaps former execs with R450m in civil claims
Embroiled JSE-listed sugar refiner Tongaat Hulett is going after former executives for cooking the books between 2011 and 2018.
Source: biznews.com
Tongaat Hulett wants to claw back R450m from former directors
JSE-listed sugar producer Tongaat Hulett is claiming R450m against former directors and executives implicated in the group’s accounting scandal.
Source: timeslive.co.za
No sugar-coating this: Tongaat Hulett institutes R450m...
Tongaat Hulett is seeking a thumping R450-million in civil claims against former executives after the accounting fraud revealed by the company in 2019, the company announced on Tuesday. This signals a growing claw-back trend against errant directors. Tongaat Hulett is seeking a thumping R450-mi...
Source: dailymaverick.co.za