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Beneficiary of Steinhoff largesse loses bid to appeal throttle funds

An application by alleged Steinhoff heist beneficiary Berdine Odendaal to appeal a July 2023 Western Cape High Court ruling cutting her off from funds frozen by the South African Reserve Bank, has been denied. ....

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South Africa: Sarb Freezes Billions in Steinhoff Accounts - But You Wouldn't Notice in Company Financial Statements

South Africa: Sarb Freezes Billions in Steinhoff Accounts - But You Wouldn't Notice in Company Financial Statements
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Reserve Bank freezes billions in Steinhoff accounts - but you wouldn't notice in company financial statements

The SA Reserve Bank froze the funds in five accounts linked to Steinhoff local operations said to hold a cumulative value of about R5.5bn. ....

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