The German case shines a spotlight on SA’s failure to bring any Steinhoff managers to book. Picture: BLOOMBERG/DWAYNE SENIOR
The charge sheet more or less confirms the modus operandi behind the biggest accounting fraud in the history of SA as outlined in 2019 in the heavily truncated investigation report by PwC, which was hired by the company to get to the bottom of what was then called accounting irregularities after long-standing auditor Deloitte refused to sign off on the 2017 results.
But it is a big step towards reassuring the broader public, which has legitimate reason to complain that the rich and powerful too often escape justice for their misdeeds. But it is hard to accept that the Hawks, which bring cases to the NPA for prosecutions, has no money to investigate anyone implicated in bringing this once high-flying retailer down, as reported last week by our sister weekly publication, the Financial Mail.
SA is a lawless banana republic, all thanks to the MYANC VoetsekANC
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EDITORIAL: While Germany tackles Steinhoff, SA drags its feetThe charge sheet in Oldenburg just about confirms the modus operandi behind the biggest accounting fraud in our history We couldn’t have done it without your expert services William_cryto I am very appreciative of your effort, and i look forward to continuing to work together I wanna use this opportunity to thank Mr David for the great support he put on, you're a man of intergrity, i wont stop until the whole world would hear your name !!! DavidLingleyBT I'm very pleased to celebrate my cashout with everyone in the group. Indeed I'm happy and DavidLingleyBT is really a genuine paying man the whole world needs to know how good and generous he is.
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EDITORIAL: In a liquidation, Steinhoff won’t be calling the shotsFormer Tekkie Town owners want a more just settlement than they and others have been offered
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EDITORIAL | If it’s OK for Steinhoff, it should be OK for Ace and SodiThe NPA’s attitude towards the company assisting financially to investigate its case smacks of inequality I was referred to this platform by a friend online and i thought it a scam, but I was moved to try with little amount and I earned.. just want to use the opportunity to thank gigsfrid for the chance she gave to me for starting my own business....thank you very gigsfrid I will always tell you about kellybrian_ he's one in a million I make money from home despite the world pandemic inbox him to know more about his crypto trade offers / 🙏🏻🙏🏻 So many bitcon traders on Twitter are trickster markdonaldAmel thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others
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