Tongaat Hulett CEO, six others in court for fraud
Six former senior executives of Tongaat Hulett in KwaZulu-Natal and one other accused appeared before the Durban Specialised Commercial Crimes Court on Thursday.
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Six former senior executives of Tongaat Hulett in KwaZulu-Natal and one other accused appeared before the Durban Specialised Commercial Crimes Court on Thursday.
Former Tongaat Hulett Limited management executives accused of fraud have been released on R30 000 bail each.
Peter Staude, Murray Hector Munro, Michael Edward Deighton, Rory Edward Wilkinson, Kamasagrie Singh, Samantha Shukla and Gavin Dykes Kruger appeared in the Durban Specailsed Commercial Crimes Court today on charges of fraud amounting to approximately R3,5 billion. They also face charges of contravention of the Financial Markets Act, Companies Act, and Prevention of Organised Crime
Seven former senior officials of Tongaat Hulett are to appear in the Durban specialised commercial crimes court on Thursday in a R1.5bn fraud case.
Six former executives, including ex-CEO Peter Staude, and a former audit partner at Deloitte granted R30,000 bail each after appearing in the Durban specialised commercial crimes court