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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.
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
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...
LONDON/HONG KONG (Financial Times) -- Oaktree Capital has scuppered a plan to restructure Evergrande's $20 billion of offshore debts by seizing a
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero