Former director of the Steinhoff group Stephanus Johannes Grobler, 64, who is facing charges of racketeering, three counts of fraud worth R21bn, manipulation of financial statements and failure to report fraudulent activities, has been granted bail.
Former Steinhoff legal head Stephanus Grobler granted R150,000 bail 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.
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.