Tongaat Hulett welcomes NPA action against former executives
Former CEO Peter Staude is among seven accused who appeared in court on fraud charges.
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Former CEO Peter Staude is among seven accused who appeared in court on fraud charges.
Six Tongaat Hulett executives and a former audit partner at Deloitte were granted R30,000 bail after appearing in court.
Peter Straude and six others get bail over fraud that cost 8 000 workers their jobs.
Seven former Tongaat Hulett executives and senior managers appeared at the Durban specialised commercial crimes court on charges of fraud on Thursday.
Six former senior employees of sugar producer Tongaat Hulett Limited (THL) and the company's former auditor, who have been implicated in a R1.5bn fraud case, were granted bail in the Durban specialised commercial crimes court on Thursday.