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79-year-old Gerhardus Burger appeared in the Pretoria Specialised Crimes Court.

five years imprisonment, suspended for five years on condition that he does not commit the same crime in that period.

The court has also ordered that the monies accrued from the sale of the shares be forfeited to the state.The arrest emanates from an ongoing investigation into Steinhoff, where in November 2017, the then Chief Executive Officer, the late Markus Jooste, is said to have shared information on the selling of Steinhoff shares before they fell.

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