Stephanus Grobler, a Former Executive at Steinhoff, has Been Granted R150 000 Bail

Ex-Steinhoff executive granted bail

The Pretoria Specialized Commercial Crimes Court on Monday granted R150 000 bail with conditions to Stephanus Grobler, a former executive at Steinhoff.

On Friday, Grobler appeared in court for the first time in relation to the Steinhoff multibillion rand scam.

The day following the suicide of former Steinhoff CEO Markus Jooste in Hermanus, he made his debut.

Among the charges against Steinhoff International Holdings include fraud, a pattern of racketeering activity, and Financial Markets Act violations.

The case is now scheduled for June 26.

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