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Reserve Bank freezes billions in Steinhoff accounts - but you wouldn't notice in company financial statements

July 6, 2023

The SA Reserve Bank froze the funds in five accounts linked to Steinhoff local operations said to hold a cumulative value of about R5.5bn.

South Africa Western Cape Berdine Odendaal Jooste Hermanus Markus Jooste Moira Moses

Source: dailymaverick.co.za

A Slice of Channel History

May 22, 2023

A brief look at some of the key headlines and happenings over the last 15 years as CRN celebrates 30 years of the Channel Awards

United Kingdom United States Sun Vars Simon Harbridge Wick Hill Antonio Neri

Source: channelweb.co.uk

Markus Jooste's 'lover' Berdine Odendaal lives off Stei...

October 26, 2022

The South African Reserve Bank suspects the ‘lavish lifestyle’ of polo-playing socialite Berdine Odendaal is funded by illicit Steinhoff money channelled to her on the ‘oral instructions’ of her alleged lover, Markus Jooste. The Reserve Bank has consequently blocked Odendaal’s bank accounts and...

United Kingdom South Africa Western Cape Berdine Odendaal Bentley Bentayga Markus Jooste

Source: dailymaverick.co.za

February 4, 2022

LONDON/HONG KONG (Financial Times) -- Oaktree Capital has scuppered a plan to restructure Evergrande's $20 billion&nbsp;of offshore debts by seizing a

Hong Kong City Of United Kingdom Project Castle Financial Times

Source: nikkei.com