Trending.
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:
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.
Former Steinhoff chair Christo Wiese wants firm to pay back his moneyFormer Steinhoff chairman and top shareholder Christo Wiese said on Monday he is open to negotiations over a $4 billion claim against the South African retailer, days after it revealed the scale of a devastating accounting fraud.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Your cheat sheet on Steinhoff as its execs head back to ParlyHere's what you need to know to get up to date with what's happened at Steinhoff since December 2017 as its leadership, together with the Hawks and the NPA, gets ready to brief Parliament. Fin24 Steinhoff crooks must have their assets expropriated, bank accounts frozen and sent to jail for a long long time!
Source: News24 - 🏆 4. / 80 Read more »
Former Steinhoff chair Christo Wiese wants firm to pay back his moneyFormer Steinhoff chairman and top shareholder Christo Wiese said on Monday he is open to negotiations over a $4 billion claim against the South African retailer, days after it revealed the scale of a devastating accounting fraud. Christo is full of shit. He was there in the crook place self mos? Steinhoff
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Parliament finalises list of SABC board candidatesThe DA is extremely unhappy with the inclusion of Prof Sathasivan Cooper, who they is ‘manipulative’ and prone to ‘surrounding himself with acolytes’
Source: BDliveSA - 🏆 12. / 63 Read more »
Newsdeck: May Wins Parliament’s Backing for Her Plan to Delay BrexitU.K. Prime Minister Theresa May enjoyed a rare good day in Parliament, fighting off her opponents and winning the endorsement of British politicians to seek to delay Brexit day.
Source: dailymaverick - 🏆 3. / 84 Read more »
Nobody knew the extent of Steinhoff’s misrepresentation, says Jayendra NaidooThe businessman says the investment by Lancaster 101 in Steinhoff, supported by the PIC and a major international investment bank, was well structured
Source: BDliveSA - 🏆 12. / 63 Read more »
Steinhoff to dig deeper into $7.4bn of dodgy dealsThe PwC report has shown how ex-execs structured phony transactions while further investigations are needed to answer remaining questions Put him in jail.
Source: BDliveSA - 🏆 12. / 63 Read more »
JUST IN: Forensic report into Steinhoff shows top execs inflated profits for yearsThe Stellenbosch-headquartered retailer has provided an overview of a long-awaited forensic probe into its financial statements by PricewaterhouseCoopers Advisory Services. Shock shock horror. That’s a crime 🤔 Oh my God, I’m so shocked😑
Source: News24 - 🏆 4. / 80 Read more »
Steinhoff overstated profits for several years - PwC investigationIn February, Steinhoff reported a slight rise in quarterly sales and said its business was still suffering from the effects of accounting fraud. CEO, CFO and all other directors, together with the audit firm, need to be criminally prosecuted for this! Board of Directors remained complicit all those years and drew salaries and perks and forgot their feduciary responsibilities. They must all account.
Source: ewnupdates - 🏆 30. / 53 Read more »
Steinhoff executives inflated profits by more than R100bn, PwC findsThe 18-month forensic probe found that the retail group inflated its profits by R6.5bn from 2009 to 2017 Tjo so what kind of capture is this. Sowetan or PWC come up with a term. We had a bank great hghst and state capture now this we call it what?
Source: SowetanLIVE - 🏆 13. / 63 Read more »