South African Firm Steinhoff A No Show at Parliament

Leaders of furniture giant Steinhoff, the South African company that saw a spectacular collapse after fraudulent accounting moves were revealed, was supposed to appear before a parliamentary committee to explain their actions and the loss of government employees' pension funds invested with the company. The top brass Heather Sonn, Johan Van Zyl and Steve Booysen were expected to testify but strangely Markus Jooste the former chief among them, "respectfully" refused to appear. Soon after, the whole team decided to do the same...

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