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Cape Town - The embezzlement trial of former Fidentia boss J Arthur Brown was postponed by the Western Cape High Court on Tuesday.
Jannie van Vuuren, for the State, said there were ongoing discussions between him and Brown's lawyer.
He hinted at a possible deal being on the table, but was unwilling to provide any details to the court.
“I made a written offer in the past and it's still standing. I'm not keen to discuss the details, but there is movement,” he said.
Judge Anton Veldhuizen said that at his age, “movement was good”.
Brown's lawyer Braganza Pretorius said he would do his best to “make progress” on Tuesday.
The court granted a postponement until Wednesday to allow the parties time for discussions.
Brown has pleaded not guilty to fraud, corruption and money-laundering charges. His legal team has denied that he ran a pyramid scheme and used investors' funds for personal gain.
Van Vuuren said there was no witness lined up for Wednesday, but that the State intended bringing an application for an amendment of the indictment in terms of a theft charge.