POLITICAL WEEK AHEAD: Jooste in parliament hot seat over Steinhoff saga
Former Steinhoff CEO Markus Jooste will for the first time since his resignation in December 2017 publicly answer questions following the collapse of the global furniture retailer. Jooste will appear on Wednesday before a joint meeting of parliament’s standing committee on finance, standing committee on public accounts and portfolio committee on public service & administration. Jooste’s resignation in December was prompted by the disclosure of accounting irregularities at the group, which precipitated a collapse of Steinhoff’s share price. Jooste has previously refused to appear before parliament on the grounds that he is no longer CEO and cannot speak for the group. He said there is the possibility of prejudicing himself in any future criminal or civil cases. In Johannesburg the state capture inquiry chaired by deputy chief justice Raymond Zondo enters its third week, with Phumla Williams, acting director-general in the Government Communications and Information System (GCIS), conti...
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