Markus Jooste: A thoroughly unpleasant man
Few will mourn the former Steinhoff CEO who killed himself rather than face the music for one of South Africa’s biggest frauds
24 March 2024 - 06:35
Markus Jooste, who died on Thursday at the age of 63 after shooting himself on a cliff path near his home in Hermanus — the walls of which are daubed with graffiti such as “fraudster”, “con artist” and “psychopath” — was the CEO of Steinhoff and mastermind of South Africa’s greatest corporate scam.
His death came the day after the Financial Sector Conduct Authority (FSCA) issued a ruling confirming this and fining him R475m, and the day before he had been instructed to hand himself over to the Hawks...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.