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South Africa

Corruption Watch Criticizes South Africa’s Response to Steinhoff CEO’s Death

todayMarch 22, 2024 12

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Corruption Watch expresses disappointment in South Africa’s approach to high-profile corruption cases following the death of former Steinhoff CEO Markus Jooste. Jooste, 62, died by suicide after the Financial Sector Conduct Authority imposed a 475-million-rand fine for publishing misleading financial statements. Director Karam Singh states that justice remains elusive, pointing out failures within the justice system. He underscores the necessity for successful prosecutions of those behind the Steinhoff scandal.

Written by: Leonard Witbeen

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