ROB ROSE: Stalingrad, Markus Jooste style
Markus Jooste’s legal papers, opposing Steinhoff’s bid to claw back R870m in salary and bonuses, illustrate how he plans to fight a criminal case — if one ever comes
If retailer Steinhoff thought it’d be a slam dunk to claw back R870m in bonuses and pay from former CEO Markus Jooste, it must be sorely disappointed.
Its case is simple: the board only agreed to fork over this mountain of cash to its boss between 2009 and 2017 because it believed the accounts were, you know, true. ..