Hearings on Steinhoff set down for late January, says Yunus Carrim
Finance committee chairperson Yunus Carrim confirmed on Thursday that joint parliamentary committee hearings on the Steinhoff debacle would be held in the last week of January.The share price of the global retailer plummeted in December after it reported that accounting irregularities in its financial statements were being probed. The group is under investigation by regulators in Europe, as well as in SA.Carrim said the hearings would be held jointly with the standing committee on public accounts (Scopa) and the portfolio committee on public service and administration. "Depending on outstanding administrative issues, the hearings will be on January 30 or 31," Carrim said.He said he had written to the Financial Services Board, South African Reserve Bank, Public Investment Corporation, Government Employees Pension Fund, the Independent Regulatory Board for Auditors and the JSE. He has informed them about the pending hearings and has asked them to provide the committee with the scope o...
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