The former Black Business Council president (BBC) and three of his buddies have been released on R5,000 bail each.
Danisa Baloyi and his three partners appeared in the Palm Ridge Commercial Court on charges of large-scale fraud and money laundering.
The four appeared jointly on the charge of about R5.7 million theft, which was donated by the Airports Company South Africa (ACSA) to the Black Business Council but apparently never came to the establishment.
Unconfirmed reports state that an additional amount of more than R1.4 million is also in jeopardy, but it could not be clarified as to the situation.
-Read the original article in Afrikaans on Die Vryburger
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