Former Steinhoff legal head Grobler granted R150 000 bail - SABC News - Breaking news, special reports,

Former Steinhoff legal head Stephanus Grobler has been granted R150 000 bail by the Pretoria Specialised Commercial Crimes Court.

Grobler handed himself over this past Friday where he spent the weekend behind bars at the Pretoria Central Police Station after a warrant of arrest was issued. Grobler faces charges of fraud, racketeering and contravening the Financial Markets Act in relation to the Steinhoff saga that took place between 2014 to 2017.“He has been arrested because there is prima facie proof that he has involved in the fraud that has been involved in fraud that has been committed at Steinhoff and that he played a role in that fraud and accordingly he has now been arrested.

Meanwhile, the Financial Sector Conduct Authority has said that Jooste’s death does not have an impact on its investigation into Steinhoff. It has vowed to continue to assist the Hawks and the National Prosecuting Authority with any probes they may have under way. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

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