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South Africa: Former Steinhoff Director Appears in Court for Fraud, Racketeering

South Africa: Former Steinhoff Director Appears in Court for Fraud, Racketeering
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Former Steinhoff bigwig Stephanus Grobler granted bail of R150,000 as fraud case unfolds

Stephanus Grobler and former Steinhoff CEO Markus Jooste had been asked to present themselves in court last Friday to face charges of racketeering, three counts of fraud involving R21-billion, manipulation of financial statements and failure to report fraudulent activities.  ....

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