PRETORIA - Former Steinhoff audit executive Hein Odendaal has been sentenced to four years imprisonment or a fine of two million rand.
Odendaal pleaded guilty at the Pretoria Specialised Commercial Crime Court for his participation in the Steinhoff fraud.
He had failed to report the fraud which led to the retail group releasing false and misleading Audited Financial Statements.
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In addition Odendaal is sentenced to a further two years imprisonment, which is suspended on the condition that he is convicted of a similar offence.
It's the fifth successful conviction secured since the Steinhoff accounting scandal broke in 2017.