Steinhoff's former finance chief Ben la Grange released on R150 000 bail after arrest

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Steinhoff News

Markus Jooste

Steinhoff's former finance chief Ben la Grange released on R150 000 bail after arrest

Steinhoff's former chief financial officer, Ben la Grange, has been arrested. The 49-year-old for years worked closely with Steinhoff's late CEO Markus Jooste.

Steinhoff's former chief financial officer, Ben la Grange, has been arrested and appeared in court where he was granted R150 000 bail. The 49-year-old appeared in the Pretoria Specialised Commercial Crimes Court following his arrest on Wednesday morning. La Grange, who worked closely with Steinhoff's late CEO Markus Jooste, has been charged with two counts of racketeering, five counts of fraud, one count of corruption and three counts of the contravention of the Financial Markets Act in relation to the state's ongoing Steinhoff investigation.He was meant to stand trial with Jooste in a case into which South African authorities had poured resources for years.

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