News Formal

SCORPIO: SARB freezes billions in Steinhoff accounts — but you wouldn’t notice in company financial statements

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SARB freezes billions in Steinhoff accounts — but you wouldn’t notice in company financial statements. By PaulivW

De Klerk also did not answer questions about the impact the SARB order may have on these business operations.

 

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

2/ The latest Scorpio investigation has found that the Reserve Bank froze the funds in five accounts linked to Steinhoff’s local operations – said to hold a cumulative value of about R5.5bn.

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:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines