Ex-Finance Chief of Steinhoff Sentenced to Five Years for Fraud Following Plea Agreement
In a significant turn of events, the former Chief Financial Officer of Steinhoff, Ben la Grange, has been handed a prison sentence of 10 years, with half of that time suspended. This sentence comes after La Grange pleaded guilty to a singular fraud charge linked to a staggering amount of R367 million.
The stipulation for the suspended sentence mandates that La Grange must stay clear of any future fraud convictions during this period. Additionally, he is required to serve as a witness for the state in any upcoming…