The group also wants to recoup $9-million in fake sugar sales in Zimbabwe
The National Prosecuting Authority (NPA) is still deciding whether to prosecute the Tongaat Hulett executives — including its former chief executive — allegedly responsible for the R11-billion fraud which has gutted the sugar and property giant. The 10 former top managers from the company’s South African, Mozambican and Zimbabwean operations were implicated in accounting irregularities, […]
The first victims of the sugar giant’s accounting scandal — 5 000 of them — lose their jobs at the end of the month