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Tongaat scandal: Thursday court appearance for former directors

Tongaat scandal: Thursday court appearance for former directors

By GhanaSummary NewsroomSouth Africa

Van Rooyen said in September 2023 that Tongaat in the civil matter issued summons against the former directors for R250 million but other reports indicated Tongaat is seeking to claw back R450 million from past directors and executives in the civil damages claim.

Civil proceedings Tongaat instituted civil proceedings in the High Court in Pietermaritzburg in September 2020 against former CEO Peter Staude, former chief financial officer Murray Munro and former finance executive Sean Slabbert.

National Prosecuting Authority (NPA) KwaZulu-Natal spokesperson Natasha Ramkisson-Kara confirmed on Tuesday the criminal case against the former Tongaat directors returns to the High Court in Durban on Thursday (10 September) “for a pre-trial conference” – but failed to comment on why the proceedings are taking so long.

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