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Markus Jooste's hefty insider trading fine slashed by a...

Published: December 7, 2022

Markus Jooste, the man at the helm of what has probably been South Africa’s biggest corporate scandal, has succeeded in reducing his insider trading fine from a whopping R161.6-million to R20-million.

Source: dailymaverick.co.za

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South AfricaUnited StatesWestern CapeSouth AfricanGerhardus BurgerJooste HermanusMarkus JoosteGerard Van DeventerKlein GustrouwMarthinus SwiegelaarOckert OosthuizenSilver OakAfrican Reserve BankFinancial Sector Conduct AuthorityNational Prosecuting AuthorityBusiness MaverickFinancial Sector TribunalFinancial Markets ActDaily MaverickSouth African Reserve BankLanzerac Wine EstateSilver Oak Trust

Markus Jooste penalised R20m by the FSCA

Published: December 7, 2022

Down from the initial R161.5m administrative penalty the financial watchdog imposed in October 2020.

Source: moneyweb.co.za

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Western CapeSouth AfricaFree StateGerhardus BurgerMarkus JoosteMarthinus SwiegelaarJooste LanzeracOckert OosthuizenFinancial Sector Conduct AuthoritySteinhoff InternationalAfrican Reserve Bank SarbFinancial Markets ActFinancial MarketsFinancial Sector TribunalSouth African Reserve Bank