Dirk Schreiber said to be on list of executives involved in Steinhoff debacle
Steinhoff has already referred former CEO Markus Jooste for his role in the scandal, and former CFO Ben la Grange and company secretary Stehan Grobler complete the quartet
Steinhoff has provided police with information about a set of transactions involving three more former executives who may have contributed to its accounting crisis, according to two people familiar with the matter. The owner of Conforama in France and Poundland in the UK has already referred former CEO Markus Jooste for his role in the scandal, which has wiped 96% off the market value. Now Dirk Schreiber, a German national who was head of finance in Europe, can be added to the list, said the people, asking not to be named because the information is private. Former CFO Ben la Grange and former company secretary Stehan Grobler complete the quartet, they said. Details of the four former executives’ alleged involvement in events leading up to a failure to report audited results for 2017 have emerged during an ongoing investigation by PwC, the people said. Three more as-yet-unidentified individuals may also be reported, according to one of the people. PwC’s forensic report into the accou...
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