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Tongaat Hulett Developments Director Michael Deighton Resigned

Another top exec resigns amid Tongaat Hulett scandal

Sugar and property group Tongaat Hulett has seen another senior executive resign as it grapples with an accounting scandal that saw it suspend trading on the JSE last week. Moneyweb understands that Michael Deighton, long-time managing director of the group’s land conversion and property division, Tongaat Hulett Developments, resigned last month after more than 19 years with the company.


Name: Michael Deighton

Continent: Africa

Country: South Africa

Company: Tongaat Hulett Developments

Position: Director

Reason: Resigned

Announcement Date: June 17, 2019, 10:00pm

Resignation Date: June 17, 2019, 10:00pm

Source 1: https://citizen.co.za/business/business-news/2144118/another-top-exec-resigns-amid-tongaat-hulett-scandal/


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