Steinhoff: It's just about settled then (for some)
Equating to R5.85 per share the payout doesn’t come close to covering the losses suffered when the stock fell from its highs of over R90.
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Equating to R5.85 per share the payout doesn’t come close to covering the losses suffered when the stock fell from its highs of over R90.
A British real estate company has hit back at claims that it helped the former chief executive of retail giant Steinhoff Group misappropriate $112 million in a crippling accounting scandal, arguing that payments were legitimate loans.
The ‘Big Four’ audit firms – Deloitte, EY, KPMG and PwC – all play a systemic role in economic crimes and State Capture. The evidence suggests that these firms have prioritised profit over professional duties and the law. Accountability and reform of the industry are thus essential.
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous Steinhoff International Holdings N.V. : SATISFACTION OF SUSPENSIVE CONDITIONS UNDER SIHPL NQC SETTLEMENTS 07.01.2022 / 13:50 The issuer is solely responsible for the content of this announcement. STEINHOFF INTERNATIO...
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous Steinhoff International Holdings N.V.: SATISFACTION OF SUSPENSIVE CONDITIONS UNDER SIHPL NQC SETTLEMENTS 07.01.2022