Le Grange, who paid R150 000 in bail, handed himself over to the Serious Economic Offences unit yesterday morning, Hawks spokesperson Brigadier Thandi Mbambo told Business Report. The former CFO is set to face two counts of racketeering under the Prevention of Organised Crime Act in addition to five counts of fraud, one of corruption under the Prevention and Combating of Corrupt Activities Act as well as three counts of contravening the Financial Markets Act following Steinhoff's spectacular implosion and its October 2023 liquidation. Steinhoff International, which used to own brands such as Ackermans, HiFi Corp, Incredible Connection, and Timbercity, was listed in both Johannesburg and Germany. It was subsequently delisted in the wake of South Africa's biggest corporate scandal. In 2017, news broke of the fraud of €6.5 billion (R134bn) which was initially explained as an accounting error.