PARLIAMENTARY HEARING
Steinhoff report has little substance, Hawks claim
The head of the Hawks’s commercial crime unit has slammed a report submitted by Steinhoff management as lacking in substance and "malicious". The damning indictment by Maj-Gen Alfred Khana was made during a presentation to a joint hearing on the troubled global retailing group held by four parliamentary committees on Wednesday. The Hawks are investigating three matters relating to Steinhoff which Khana said would ultimately involve fraud and misrepresentation which had led to the loss of billions of rand for investors. But Khana said there was no inkling of a suspect yet as there was nothing pointing to anybody. Complainants who had laid charges had done so based on media reports. The committees have decided to summons former Steinhoff CEO Markus Jooste to the next hearing on Steinhoff, which will probably take place in August, because of his failure to appear when previously invited. Former chief financial officer Ben la Grange will be given 10 days to respond positively to an invi...
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