Premier Fishing & Brands’ majority shareholder African Equity Empowerment Investments (AEEI) said the company’s CEO, Sooren Ramdenee, has been disciplined for negligence after a cyberattack that saw millions of rand siphoned from the company.

AEEI said on Monday that Premier Fishing, in which it owns a controlling stake of 56.23%, fell victim to a cyberattack in November which saw $820,000 (R15.5m) transferred from its bank account to “an unknown third party.”..

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