Former chair of the Portuguese Private Bank, Joao Rendeiro, fled his home country late last year after he was convicted of a string of graft charges related to the collapse of the bank. He was subsequently arrested by Interpol in Umhlanga Rocks, north of Durban.
JOHANNESBURG - A high-ranking Portuguese banker-cum-fugitive fraudster who was arrested in South Africa late last year, has died in custody before he could be extradited.
He was subsequently arrested by Interpol in Umhlanga Rocks, north of Durban, and was due to appear in court on Friday for an extradition hearing.
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