A convicted fraudster who stole R537m from her employer over about 10 years has been sentenced to 50 years in prison.
The Johannesburg commercial crimes court, sitting in Palm Ridge magistrate's court, sentenced Hildegard Steenkamp on Friday.
Magistrate Phillip Venter grouped the sentences in seven categories for “practical reasons and to demonstrate the magnitude of different counts”.
The sentences would run concurrently to mitigate the number of years she would spend in prison.
Earlier this year, Steenkamp pleaded guilty to 336 charges in relation to the theft from her employer Medtronic.
This is a developing story
TimesLIVE
Woman who stole R537m from employer jailed for 50 years
Image: TimesLIVE/Phathu Luvhengo
A convicted fraudster who stole R537m from her employer over about 10 years has been sentenced to 50 years in prison.
The Johannesburg commercial crimes court, sitting in Palm Ridge magistrate's court, sentenced Hildegard Steenkamp on Friday.
Magistrate Phillip Venter grouped the sentences in seven categories for “practical reasons and to demonstrate the magnitude of different counts”.
The sentences would run concurrently to mitigate the number of years she would spend in prison.
Earlier this year, Steenkamp pleaded guilty to 336 charges in relation to the theft from her employer Medtronic.
This is a developing story
TimesLIVE
READ MORE:
Boksburg accountant charged with R460m fraud gets R250,000 bail
Woman, 82, arrested for allegedly spending relative's RAF payout
State opposing bail for woman linked to ‘insurance murder’
Popular former kykNET presenter and husband in dock for R32m theft, fraud
Two in court for fraud and theft after allegedly stealing from one power station to sell to another
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most read
Latest Videos