Former Steinhoff CEO Markus Jooste, accused of being the mastermind behind SA’s biggest fraud case, fatally shot himself on Thursday to avoid handing himself over for arrest, sources have confirmed.

Jooste was CEO of multinational furniture retailer Steinhoff when it created fictitious offshore shell companies to inflate profits and hide losses...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.