Key GS Partners Figure Neil Leon De Waal Arrested In South Africa

According to Odaily, Neil Leon De Waal, a key figure in GS Partners, was arrested by South African law enforcement at the end of May. He was subsequently granted bail on June 3rd. The authorities began investigating De Waal after receiving a complaint from a victim. It is reported that De Waal recruited a new GS Partners investor in May 2023. The exact timing is unknown, but an arrest warrant for De Waal was issued in December of the previous year. He was arrested after landing in South Africa, and his legal team claims he will prove his innocence.