Today's Labour News

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gavel thumb100 IOL News reports that an accountant who confessed to stealing millions of rands from her employer and spending it living the high life, has apologised and hopes for a lighter sentence.

Earlier this year, Hildegard Steenkamp pleaded guilty to 336 charges in relation to the theft of R537 million from her employer, Medtronic. She was arrested in December 2017. During proceedings, the court heard how Steenkamp spent R65 million over a five-year period at a casino and went on international holidays worth R30 million, including regular trips to Dubai. She lived an opulent life. Steenkamp admitted to being an avid gambler, but said she went to casinos to escape her "abusive husband". The State has called for Steenkamp to be handed a 25-year prison sentence. State prosecutor Tilas Chabalala said Steenkamp was not remorseful for her actions because, if she was truly remorseful, she would not have waited five years to plead guilty. He argued that Steenkamp was motivated by greed, and as an accountant, she should have acted in better faith. Sentencing is expected in December.

  • Read the full original of the report in the above regard by Se-Anne Rall at IOL News


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