Pay up, JSE tells Jooste after his 20-year ban
Financial Services Tribunal decision on ban means the former Steinhoff CEO can only be a director of a listed company in his 80s
10 October 2023 - 22:51
UPDATED 11 October 2023 - 17:27
The JSE has demanded that former Steinhoff CEO Markus Jooste pay the R15m it fined him for breaching listing requirements, while he has also been barred from being a director of a listed entity for 20 years after losing the bid to have the matter reviewed.
Jooste had approached the Financial Services Tribunal for relief. He had earlier succeeded in his attempts to have financial penalties suspended pending the review of the case by tribunal. ..
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