ANN CROTTY: Sugar turns sour
Tongaat’s board catered to the company’s former chief’s sweet tooth
19 December 2019 - 05:00
It’s unlikely that former Tongaat CEO Peter Staude set out to engage in the "undesirable accounting practices" that now threaten the survival of the 127-year-old company that provided him with generously paid employment for 40 years.
It’s unlikely, too, that any of his nine co-accused intended to play any role in the demise of this important and profitable employer...
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