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Ex-Steinhoff CEO Said to Be Charged in German Criminal Probe

  • Markus Jooste faces German charges over accounting violations
  • Oldenburg prosecutors confirmed charges against four people
Updated on

Former Steinhoff International Holdings NV Chief Executive Officer Markus Jooste is among four people charged in Germany for accounting crimes, a person familiar with the investigation said.

The case was filed about four months ago, according to the person who declined to be identified discussing private matters. Prosecutors in the city of Oldenburg on Thursday confirmed that they indicted three former executives and another manager over false accounting, without identifying anyone.