Steinhoff Hunts for Executives Behind Accounts Scandal
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Steinhoff International Holdings NV’s finances are in a mess. Now it’s going after those who presided over the fiasco.
The beleaguered South African retailer said Thursday that roles played by former executives in an accounting scandal are being investigated and the company is taking legal advice on how to seek justice. In addition, the owner of Conforama in France and Mattress Firm in the U.S. is looking to reclaim bonuses paid even as the wrongdoing was being carried out.