ROB ROSE: Pembury boss in the dock over ‘life rights’ hustle

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Very few heads of companies are ever brought to book for fraud in SA, but that appears to be changing

It might seem like there’s scant accountability for CEOs behaving badly, but the worm may finally be turning.

First, Tongaat Hulett’s former CEO Peter Staude was charged with fraud in February; this week, another CEO of a JSE-listed company appeared in court on charges of fraud...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Source: News Formal (newsformal.com)

 

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