Germany issues arrest warrant for Markus Jooste | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 80%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

A German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff, after he failed to show up for trial in the country. | News24_Business

.

A German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff International Holdings NV, after he failed to show up for trial in the country. The Regional Court of Oldenburg issued the warrant about two weeks ago, a spokesman for the tribunal said on Wednesday. Prosecutors had asked for the order in April when Jooste was a no-show for his trial in that city. His attorney, Bernd Gross, didn’t immediately reply to an email seeking comment on the arrest warrant.

Gross told the court in April that his client was unable to travel because he didn’t have access to his passport, under an arrangement with South African authorities. Jooste is facing much bigger probes and allegations there than in Germany, the lawyer said. Steinhoff has been battling to stay afloat, more than five years since auditors refused to sign off on its accounts. This prompted Jooste to resign and caused a dramatic share-price collapse as well as criminal and regulatory investigations in both Europe and South Africa. The executive was charged in Germany and the trial was scheduled to start April 18 but couldn’t continue due to Jooste’s no-show. In times of uncertainty you need journalism you can trust.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Former Pirates star on the market following Maritzburg United exit | KickOffJUST IN | Defender Wayde Jooste has become the latest star to confirm his exit from Maritzburg United following the club's relegation to the Motsepe Foundation Championship. Read more here ▶️
Fuente: KickOffMagazine - 🏆 36. / 51 Leer más »