AGROPROCESSING
Tongaat Hulett said South African police are investigating an unnamed former executive for his role in an accounting scandal that’s forced the sugar maker to restate financials and ask for its shares to be suspended. A criminal case has been opened against the individual, Tongaat said, without identifying the person. “Given that this is now a matter being investigated by the South African Police Service, we are not able to provide any further information,” the Durban-based company said in an emailed response to questions.
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