WATCH: KZN community up the ante in their fight with Tongaat Hulett, present 11 demands iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
It’s not every day that a company welcomes criminal charges being brought against its former executives, but nothing about sugar producer Tongaat Hulett seems ordinary these days. It’s not every day that a company welcomes criminal charges being brought against its former executives, but no.
Bail has been granted to five of Tongaat’s former directors, including CEO Peter Staude, on more than 20 counts of fraud. A former Deloitte partner is also out on bail, and is accused of failing to report irregularities.