Former Tongaat Hulett executives set to appear in court in R1.5bn fraud matter

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At least seven former senior officials of Tongaat Hulett are set to appear in the Durban specialised commercial crimes court on Thursday in a massive fraud and corruption case.

Former senior executives and managers of Tongaat Hulett are expected to appear in court on corruption charges on Thursday.Seven former senior officials of Tongaat Hulett are set to appear in the Durban specialised commercial crimes court on Thursday in a R1.5bn fraud case.

“It is alleged that between March 2015 and September 2018 the seven suspects acted in common purpose and allegedly backdated land sale agreements. That sale agreements were backdated had a significant affect on the financial reports of the company.

 

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