A former colleague of ex-Steinhoff CEO Markus Jooste has claimed it was only when his boss resigned that he felt able to fully cooperate with authorities investigating accounting fraud at the embattled retailer.
Dirk Schreiber, a former managing director of Steinhoff Europe Group Services, has been charged with five counts of falsifying balance sheets in Germany. The public prosecutor's office is also accusing Schreiber of two cases of credit fraud. Testifying before the Oldenburg Regional Court in Germany on Wednesday, the 51-year-old was asked to explain the"change in behaviour" regarding his engagement with investigators. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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