Picture: 123RF/INSTINIA
Picture: 123RF/INSTINIA

The Financial Sector Conduct Authority (FSCA) has fined Tongaat Hulett R20m for accounting irregularities that happened over the past six years.

The fine was reduced from an initial fine of R118m.

Business Day TV spoke to FSCA divisional executive for enforcement Brandon Topham for more on the detail behind the penalty.

FSCA's Enforcement Divisional Executive Brandon Topham talks to Business Day TV about the penalty against Tongaat

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