The German trial of Markus Jooste may have stalled, but prosecutors have now accused the former Steinhoff boss of illegally nearly tripling the book value of a multibillion-rand furniture group the retailer bought in 2013.
While Steinhoff only paid €452 million for Austrian furniture retailer Kika-Leiner in 2013, the company was given a valuation of some €1.27 billion on Steinhoff's books, German prosecutors have argued. 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.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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