SARB attaches former Steinhof CEO Markus Jooste’s assets worth billions of rand
By Zuko Komisa The South African Reserve Bank (SARB) is in the process of seizing billions of rands of assets from former CEO of Steinhoff, Markus Jooste. Jooste, is accused of being the mastermind behind a financial fraud that cost investors more than R200 billion and caused the share price to drop by 95% in 2017. Thousands of domestic and international investors, from small to significant shareholders, lost money when […]