Rafik Mohamed to remain in custody as court postpones bail bid
Rafik Mohamed, the former owner of SA Steel Mills, remains in custody as his bail application has been postponed. He appeared in court amid ongoing investigations related to a R1.1 billion corruption case involving the Industrial Development Corporation. Supporters claim the prosecution is influenced by a rival steel company owner, but these allegations have not been verified.
- ▪Rafik Mohamed is detained at the Midrand police station as investigations into SA Steel Mills escalate.
- ▪His bail application was postponed until June 4, and he is expected to appear in the Specialised Commercial Crimes Court.
- ▪The charges against Mohamed are linked to a corruption investigation involving funding from the Industrial Development Corporation.
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National / 3 June 2026 Rafik Mohamed to remain in custody as court postpones bail bid By Nkateko Joseph Mabasa Facebook X Email LinkedIn WhatsApp Former SA Steel Mills owner Rafik Mohamed has been detained at the Midrand police station in a development that could mark a significant escalation in investigations surrounding the troubled steel manufacturer. { "@context": "https://schema.org", "@type": "ImageObject", "url": "https://mg.co.za/wp-content/uploads/2026/06/WhatsApp-Image-2026-06-02-at-22.18.13-e1780431567921-1.jpeg", "width": 1000, "height": 525 } Former SA Steel Mills owner Rafik Mohamed appeared in the Alexandra Magistrate’s Court in leg restraints on Wednesday as his bail application was postponed until 4 June.
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