MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa

2 years ago

With Johann Steynberg present successful custody successful Brazil, a lawyer has suggested that South Africa whitethorn person to edifice to an existing ineligible assistance statement with Brazil if it wishes to person the CEO extradited. However, the occurrence of immoderate specified extradition volition beryllium connected the adjacent steps taken by authorities successful Brazil.

Steynberg Extradition Options

Following the seizure of Johann Steynberg, the CEO of Mirror Trading International (MTI) by Brazilian instrumentality enforcement, lawyer Darren Hanekom has confirmed that South Africa does person successful spot a ineligible assistance statement with Brazil. According to the lawyer, the unsigned statement could perchance beryllium utilized to assistance facilitate Steynberg’s extradition to South Africa, location to galore investors successful MTI.

Yet successful his comments during an interview with Moneyweb, Hanekom besides revealed that the United States has a akin statement with Brazil which allows the second to support Steynberg successful custody for up to 90 days. According to the lawyer, during this play 2 tribunal hearings are apt to beryllium held, 1 that relates to Steynberg’s exertion for bail and different 1 for his extradition.

As antecedently reported by Bitcoin.com News, Steynberg was arrested by a portion wrong the Brazilian subject constabulary aft it received accusation that the fugitive CEO — who is wanted by the FBI — was utilizing a fake individuality document. Immediately pursuing the arrest, Brazilian instrumentality enforcement said Steynberg would look charges relating to his usage of the fake document.

Fake Document Offense

Similarly, successful his remarks during the interview, Hanekom suggested that Brazilian authorities volition apt see prosecuting the CEO for offenses committed successful Brazil. He explained:

From what we tin discern from media releases is that helium was arrested for readying and being successful possession of falsified question documents relating to passports. I deliberation there’s besides notation of recognition cards. What we tin besides gully from that is that that could precise good beryllium an offence successful Brazil arsenic well, which successful crook means that the Brazilian authorities could arsenic instrumentality a determination not to extradite him, and prosecute Mr Steynberg successful Brazil.

After disappearing with investors’ bitcoins successful precocious December 2020, Steynberg reportedly went connected to get a backstage pitchy positive respective costly cars. The joined CEO besides began a romanticist narration with an unnamed pistillate whom helium showered with costly gifts. However, since the emergence of details of his caller manner successful Brazil, immoderate victims of the MTI Ponzi strategy are anxious to spot Steynberg being prosecuted successful South Africa.

Yet arsenic Hanekom explains, Steynberg is apt to beryllium extradited to the United States if the South African authorities remains a “passive bystander.” Should this happen, past the chances for those based extracurricular the U.S. recovering their funds volition beryllium connected countries similar South Africa triggering “the communal legal-assistance pact provisions that it has with the United States.”

Should Johann Steynberg beryllium extradited to South Africa? Tell america what you deliberation successful the comments conception below.

Terence Zimwara

Terence Zimwara is simply a Zimbabwe award-winning journalist, writer and writer. He has written extensively astir the economical troubles of immoderate African countries arsenic good arsenic however integer currencies tin supply Africans with an flight route.

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