What does 2023 hold in store for former Steinhoff boss Markus Jooste? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Five years after abruptly resigning as Steinhoff's CEO, Markus Jooste may, for the first time, have to defend his record under oath and in court this year. Here is what lies in store for him this year. | JanTamb News24_Business

The ex-Steinhoff boss, whose resignation in December 2017 triggered a plunge in the retailer's share price from which it has not recovered, is set to go on trial in Germany in 2023.

But the German court case is far from the only legal action Jooste is facing. A raft of civil and administrative charges brought by regulatory bodies hang over his head, as well as the prospect of a criminal indictment in SA. 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JanTamb _Business He better be sitting for a long time.

JanTamb _Business This is taking far too long, is it the NPA or Hawks capacity issues?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines