German court issues arrest for ex-Steinhoff CEO Markus Jooste

  • 📰 eNCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Markus Jooste’s lawyer Bernd Gross told the court in April that his client was unable to travel because his passport could be used as part of an arrangement with South African authorities.

OLDENBURG - A German court has issued an arrest warrant for disgraced former Steinhoff CEO Markus Jooste after he failed to show up for his trial in Germany.

eNCA has reliably learned that the Regional Court of Oldenburg issued the warrant about two weeks ago.Jooste’s lawyer Bernd Gross told the court in April that his client was unable to travel because his passport could be used as part of an arrangement with South African authorities. Jooste faces criminal charges, including five counts of accounting fraud between 2011 and 2014, that were reportedly committed at various subsidiaries of the company.

Source: Holiday News (holidaynews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Germany issues arrest warrant for ex-Steinhoff CEO JoosteGermany issues arrest warrant for ex-Steinhoff CEO MarkusJooste. Moneyweb Steinhoff
Source: Moneyweb - 🏆 5. / 77 Read more »

Arrest warrant issued for former Steinhoff CEOGerman authorities have issued an arrest warrant for Markus Jooste.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Germany issues arrest warrant for Markus Jooste | BusinessA German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff, after he failed to show up for trial in the country. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Germany issues arrest warrant for Markus JoosteA lawyer for the former Steinhoff CEO told the German court in April that his client was unable to travel as he did not have access to his passport
Source: BDliveSA - 🏆 12. / 63 Read more »

The end of Steinhoff as we know itSteinhoff’s restructuring process known as the WHOA allows it to avoid being forced into bankruptcy at the end of June
Source: BDliveSA - 🏆 12. / 63 Read more »

Alibaba appoints new CEO and chairmanAlibaba announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel Zhang at the helm of a company that’s been bleeding market share and struggling to revive growth in the post-Covid era.
Source: mybroadband - 🏆 11. / 67 Read more »