Peter Staude, Murray Munro, Michael Deighton, Rory Wilkinson, Kamlasagrie Singh, Samantha Shula and Gavin Kruger appeared in the specialised commercial crime court on Monday. File PhotoThe R3.5bn fraud case against six former executives of sugar producer Tongaat Hulett Ltd and a former auditor for Deloitte and Touche is expected to proceed to the Durban high court in September.
Peter Staude, 68, Murray Munro, 55, Michael Deighton, 57, Rory Wilkinson, 50, Kamlasagrie Singh, 56, Samantha Shula, 50, and Gavin Kruger, 56, appeared in the Durban specialised commercial crimes court on Monday, where they collectively face 26 counts of fraud and racketeering.
Between March 2015 and September 2018, all seven accused allegedly acted in common purpose and backdated land sale agreements for THD. This followed a damning 2019 PwC forensic investigation, initiated by current CEO John Hudson, which fingered the accused as being involved in inflating the group’s profits.
This BS never ends!!!
Can someone tell me how this got a court date before all the corruption investigated by the Zondo commission which dated back 5 years?
Proof that sugar could have been much cheaper. How many of the other commodities could be affected by corrrrruption?
😂🤣😂🤣 The rot