MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa
With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition will depend on the next steps taken by authorities in Brazil. Steynberg Extradition Options Following the capture of Johann Steynberg, the CEO of Mirror Trading International (MTI) by Brazilian law enforcement, lawyer Darren Hanekom has confirmed that South Africa does have in place a legal assistance agreement with Brazil. According to the lawyer, the unsigned agreement could possibly be used to help facilitate Steynberg’s extradition to South Africa, home to many investors in MTI. Yet in his comments during an interview with Moneyweb, Hanekom also revealed that the United States has a similar agreement with Brazil which allows the latter to keep Steynberg in custody for up to 90 days. According to the lawyer, during this period two cou...