Steinhoff CEO Reveals The Two Questions He’s Most Often Asked
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Steinhoff Chief Executive Officer Louis du Preez told investors there are two things he’s pressed about the most after the retailer’s near collapse: Can we see the full forensic report and when will ex-CEO Markus Jooste be arrested?
The first relates to an in-depth investigation by PwC into an accounting scandal that erupted in late 2017. The results of the probe were delayed several times as even the sharpest financial minds struggled with the complexity of the task. Steinhoff finally published a mere 10-page summary -- though more detail was included in subsequent audited results.