Stay updated with breaking news from Samantha shukia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Lenders have told the 130-year-old sugar producer that they are unable to support its restructuring plan or to provide the additional funding required, calling in the debt. ....
Former high-profile Tongaat Hulett executives, who have been criminally charged in an alleged R3.5 billion fraud scam relating to sales of land owned by Tongaat Hulett, may also face charges of racketeering.
....
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. ....
Legal process is unfolding as former Tongaat Hulett execs face R1.5bn fraud charges iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.