Ex-CFO gets five years
The Citizen|October 04, 2024
Entered into a plea, sentence agreement with the state.
Molefe Seeletsa
Ex-CFO gets five years

Former Steinhoff chief financial officer (CFO) Andries "Ben" la Grange was yesterday sentenced to five years in prison.

La Grange appeared in the Specialised Commercial Crimes Court in Pretoria, where the ruling was delivered.

He initially faced charges of racketeering, fraud and failure to report fraudulent activities.

In June, he was granted bail of R150 000 under strict conditions.

After previously signalling his intention to plead not guilty, La Grange entered into a plea and sentence agreement with the state in terms of section 105A of the Criminal Procedure Act.

The former Steinhoff executive was sentenced to 10 years in prison, with five years suspended, after pleading guilty to one count of fraud involving over R367 million.

The suspension was on condition that he be not convicted of fraud during the period.

この記事は The Citizen の October 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Citizen の October 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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