The state’s slow dance with Markus Jooste
Three years after the implosion of Steinhoff, some accountability is being exacted at last. But the National Prosecuting Authority has yet to properly come to the party
05 November 2020 - 05:00
It’s been nearly three years since the spectacular financial collapse of Steinhoff International Holdings — once venerated for its transformation from a small SA company to a highly profitable international retailer — cost investors more than R200bn.
But while the National Prosecuting Authority (NPA) and the Hawks have launched multiple cases against politicians, business people, government officials and police bosses implicated in multimillion-rand state capture corruption, they have yet to make a move against anyone implicated in SA’s largest corporate fraud...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.