Accounting body charges former Steinhoff boss Markus Jooste with misconduct Updated
Nokukhanya N Mntambo
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The South African Institute of Chartered Accountants’ (SAICA) has instituted charges of misconduct against former Steinhoff CEO Markus Jooste.
Rodger Bosch / AFP
Jooste is among company executives accused of structuring and implementing various transactions over a number of years which inflated the profit and assets of the group.
Former CFO Ben la Grange and former executives Dirk Schreiber and Stehan Grobler are also on the list of the individuals implicated in a report by audit firm PriceWaterHouseCoopers (PwC).
The multi-national retailer was plunged into a crisis in 2017 when its stock dropped dramatically amid allegations of fraud against Jooste.
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More on: Image source: Getty Images.
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Whitbread itself experienced a terrible 2020. The share price lost close to 22% of its value. In addition, the company reported a 77% decline in revenue as well as a net loss of £153.7m.
Hin Leong s judicial managers win bid to freeze Lim family s global assets | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
Hin Leong liquidators win High Court judgement to freeze global assets of Lim family
Hin Leong founder O.K. Lim leaving the State Courts on April 30, 2021.ST PHOTO: KELVIN CHNG
https://str.sg/Jvys
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For the Chief Executive Officer of Victoria Crest Homes, Ichechi Okonkwo, her vision is to make aspirational living affordable. With the recent launch of 587 units of houses including the Victoria Bay III Estate, located at Ikate-Lekki Phase I area of Lagos State last February, Sunday Ehigiator highlights the impact on housing deficit in Nigeria
According to Abraham Maslow’s hierarchy of needs theory, shelter is one of the basic needs of man, ranking next to air, food, water and sleep. This underscores the importance of housing to the well-being of the people.
Nigeria’s population is currently put at about 194 million people, while the United Nations estimates that the figure will rise to 400 million by 2050. By that estimate, Nigeria will be the most populous country in the world after China and India.