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Machanik case postponed


Former estate agent Wendy Machanik's case has been postponed in the Commercial Crime Court in Johannesburg for a possible plea bargain agreement.

Today's postponement was to allow for negotiations in terms of the Criminal Procedures Act, which permits a guilty plea in exchange for information.

Bail for Machanik and her co-accused, Bruce Bernstein, was extended.

The two were arrested last year on charges of conspiracy to commit fraud, failure to keep accounting records and failure to reflect over 100 transfers between the company's trust and business accounts.

The amount involved is around 28 million rand.

The case will resume on the 7th of May.