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Eight people, including ex-CEO responsible for Steinhoff fraud, says current CEO

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Published
today Mar 19, 2019
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Eight people, including Steinhoff former chief executive Markus Jooste, were involved in a 6.5 billion euro (5.6 billion pounds) accounting fraud at the South African retailer, the company CEO Louis du Preez told lawmakers on Tuesday.


Steinhoff former chief executive Markus Jooste - Photo: Reuters


Jooste, who resigned hours before the company disclosed the hole its accounts in December 2017, has previously denied any wrongdoing.

 

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