Posts

AmaBhungane: Steinhoff’s dogged battle to keep its secrets

By Caroline JamesFirst published on Daily Maverick We all know the story of Steinhoff and Marcus Jooste. At least, we think we do.  What we do know has been uncovered by careful and thorough investigative journalism, but the majority of Jooste’s and the company’s secrets remain locked in a vault of confidentiality imposed by Steinhoff Read more >

CW: Charges should have been brought against Jooste by now

By Tawanda KaromboFirst published on IOL It is six years since the former CEO of Steinhoff International, Markus Jooste, stepped down from the firm in December 2017 after massive accounting fraud came to light, and yet he is still not behind bars. Corruption Watch said in December that South Africa should do a lot more Read more >

Corruption Watch urges Absa to act on the PP’s findings

Corruption Watch has urged Absa Bank to respect the public protector’s findings on the CIEX report, released yesterday, calling upon the bank to either repay the R1.125-billion bail-out granted by the South African Reserve Bank (SARB) to Bankorp Limited / Absa between 1986 and 1995, or otherwise launch a judicial review. David Lewis, executive director of Corruption Watch, commented: “Absa should immediately Read more >