Nicola Mawson
As the Financial Services Conduct Authority FSCA continues to chase billions from the estate of Steinhoff International fraud kingpin, the now deceased Markus Jooste, the legal system is making slow progress in prosecuting former Steinhoff director and legal head Stephanus Grobler.
Grobler, who is out on bail of R150 000 is set to make his second appearance in the Pretoria Specialised Commercial Crimes Court on October 4, Hawks spokesperson Thandi Mbambo said.
In March, Grobler was arrested and faced the court on charges of fraud, a pattern of racketeering activities and contravention of the Financial Markets Act against Steinhoff International Holdings. His bail conditions included reporting to the Brooklyn police station on Mondays and Fridays, handing over his two passports, and giving up his firearms.
His co-accused and alleged king pin of what has been labelled one of South Africas most heinous cases or corporate fraud, Markus Jooste killed himself the day after his arrest warrant was issued, fatally shooting himself on March 21.
