Legal precedent set as Odendaal’s assets forfeited in Steinhoff fraud battle
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
Read moreThe SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
The late Markus Jooste’s alleged romantic partner has applied to the SCA for permission to appeal the High Court’s ruling that effectively bars her from accessing a monthly living allowance of R150 000.
A fiduciary expert discusses the legal complexities surrounding attached assets in the wake of Markus Jooste’s death.
A former Steinhoff executive appeared in the Specialised Commercial Crimes Court on Friday charged with fraud and racketeering.
Jooste was more blameworthy than others because he deliberately contravened the law and was well qualified to understand his conduct’s implications, the FSCA says.
The FSCA is still waiting for him to make good on the reduced fine of R20m imposed in December 2022 for insider trading.