CAPE TOWN - Business magnate, Christo Wiese looks set to proceed with court action to get his Lanzerac wine estate back from disgraced former Steinhoff CEO, Markus Jooste.
A court has dismissed a bid by Jooste and Lanzerac Estate Investments to have the case thrown out before going to trial.
Wiese, who was the chair of Steinhoff, says Jooste tricked him into selling the estate in exchange for shares which were later revealed to be worthless.
READ: Jooste Asset Seizure | Weisse: The wheels of justice are turning
Jooste's team cited various technicalities, that the Judge rejected.
The historic wine estate outside Stellenbosch was sold in in 20-12 to what was at the time described as a "foreign consortium" for roughly R220 million worth of Steinhoff shares.
At trial however, Wiese and Jooste will have to contend with the fact that Lanzerac was attached by the South African Reserve Bank last year in its case against Jooste.