Did Steinhoff’s board structure contribute to the scandal?
By: Owen Skae, Rhodes University Steinhoff’s former CEO, Markus Jooste, is partly blamed for the corporate scandal that threatens to collapse the company. Financial Mail/Jeremy Glyn The global retail group Steinhoff is reeling under allegations of accounting fraud. Since the allegations surfaced last year the CEO of the multi-billion dollar business, Markus Jooste, has fallen on his sword and the company’s stock has been hammered, at one point losing about […]