https://newsletter.en.creamermedia.com

BITTER TASTE

13th December 2019

By: Darlene Creamer

     

Font size: - +

In what is arguably the biggest corporate scandal since Steinhoff, several former Tongaat Hulett executives have been fingered in what appears to amount to accounting fraud. This “undesirable accounting” has been confirmed through a PwC forensic investigation, which is likely to result in the sugar and property group laying criminal charges and pursuing civil claims against the executive. As with Steinhoff, VBS and AYO, the Tongaat Hulett case leaves a distinctly bitter taste.

Comments

Research Reports

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
Victaulic
Victaulic

Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:6.265 6.363s - 174pq - 2rq
Subscribe Now