Market watchdog to act against Steinhoff suspects within weeks

South Africa’s market watchdog has warned that it will act against those involved in suspect dealings at Steinhoff in the next eight weeks.

The company has already admitted that its financials were misstated, says the new head of investigation and enforcement at the FSCA, Brandon Topham. "External charges will only be laid closer to the conclusion of our administrative penalty processes should the outcome indicate a criminal transgression."

BISouthAfrica

BISouthAfrica Is this supposedly indirect warning for him to prepare himself or run out of the country?....Since when 'Polices' tell their next move publicly?

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