In December 2017, the world was shaken by the corporate fraud scandal involving South African retail giant Steinhoff International and its former CEO Markus Jooste.
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The attempt by Neil Phillips, a convicted rand rigger fund manager, to travel to South Africa to visit his children has been blocked by a…
The Public Investment Corporation (PIC) has sold more than half of its remaining stake in the troubled retailer.
Germans to prosecute Steinhoff’s Marcus Jooste for investment fraud next year after a fraud scandal that enveloped the retail company.
It is alleged former Steinhoff Marcus Jooste channelled over R60 million in loans to his “side-chick” Berdine Odendaal. SHe has filed a lawsuit against SARB.
Markus Jooste’s Hermanus mansion and Stellenbosch’s Lanzerac wine estate were attached by the SA Reserve Bank on Tuesday afternoon. According to News24, the Western Cape…