Diamond Dealers Wifes Bail Application Continues

2 Days(s) Ago    👁 36
diamond dealers wifes bail application continues

The bail application of diamond dealer Louis Liebenbergs wife Desiree is expected to resume in the Bronkhorstspruit Magistrates Court in Pretoria today.

The couple, along with the seven other co-accused, appeared in court where Desirees bail application was heard but adjourned to tomorrow. The case relates to an investment scam in which investors were allegedly swindled out of more than R4-billion.

Desiree Liebenberg told the court last Friday that if released on bail, she will not flee the country and will cooperate fully with investigators.

The Liebenbergs seven co-accused are out on bail.

The accused face charges including 42 counts of fraud, theft, racketeering and money laundering.