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Former Steinhoff CEO Markus Jooste cannot be expected to pay the retailer's bill if it loses an upcoming case brought by its BEE partner, a court has ruled.
NPA shouldnât be criticised for slow Steinhoff probe - Christo Wiese By Staff Reporter Share Former Steinhoff chairperson Christo Wiese has reportedly told News24 that the National Prosecuting Authority shouldnât be blamed for the slow pace of the Steinhoff probe. He said the case was complicated. This comes after three top Steinhoffâs executives were charged on Thursday in Germany. The public prosecutorâs office in Oldenburg, a town near Westerstede, where Steinhoff was founded, did not name the three former executives, reports suggest that the furniture companyâs ...
Getty Images Former Steinhoff chairperson Christo Wiese says it's unfair to criticise South African prosecutors for not bringing charges against anyone in the investigation into the retail conglomerate, because of the complexity of the fraud allegations. Wiese was speaking a day after German authorities announced that three former Steinhoff executives had been charged with balance sheet fraud which allegedly took place between July 2011 and January 2015. The German probe into Steinhoff is separate from an ongoing Hawks investigation into alleged fraud and money laund...