Nonjabulo Mntungwa-Makamu 49 minutes within the past News 1 Views
The multi-billion rand fraud case in opposition to six pale executives of the embattled sugar large Tongaat-Hulett and an auditor has been postponed to 10 September for a pre-trial hearing.
The accused looked in rapid within the Durban High Court docket on Thursday.
The prolonged-standing case, which dates back to 2019, is linked to the alleged manipulation of industry funds amounting to R3.5 billion.
The accused allegedly backdated land sale agreements between March 2015 and September 2018 to falsely inflate company profits, main to unhealthy bonuses.
Their look comes as an utility for the company’s provisional liquidation has been space down to be heard on Friday.
RELATED VIDEO: Tongaat-Hullets scandal | Lavan Gopaul
www.sabcnews.com, https://www.sabcnews.com/sabcnews/multi-billion-rand-tongaat-hulett-fraud-case-postponed-to-september/
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