Stéhan Grobler and Ben la Grange have been charged with multiple counts of fraud, racketeering and breaking financial laws. (Graphic by Sharlene Rood/News24; Images by William Brederode and Jaco Marais)
Steinhoff grandees Ben la Grange and Stéhan Grobler, along with their late boss Markus Jooste, have been accused by the State of forming a conspiracy to pump the disgraced retailer full of fake profits.
This “systematic and organised” fraud was allegedly cooked up to trigger tens of millions of rands in payouts via bonuses and lucrative share incentive deals.
The details of the charges are set out in the National Prosecuting Authority’s first indictment in a criminal case linked to Steinhoff. The indictment was finally submitted to court some six and a half years after Jooste abruptly resigned from the retailer at the first signs of what would become SA’s largest private sector fraud.
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