
SARB forfeits nearly R11m in assets from former Steinhoff executive
The Reserve Bank orders the forfeiture of Chris Grové’s cash, property, and vehicles following a long-running exchange-control dispute.

The Reserve Bank orders the forfeiture of Chris Grové’s cash, property, and vehicles following a long-running exchange-control dispute.

The South African Reserve Bank declares five vehicles, jewellery, and art from the estate forfeit under the Exchange Control Regulations.

The South African Reserve Bank has seized more than R6 billion from various Ibex Investments accounts, previously Steinhoff.