Steinhoff cha irperson Heather Sonn resigns eNCA
Heather Sonn discovered that she had unwittingly completed a transaction without declaring a potential conflict of interest.
Steinhoff made headlines in December 2017 when then CEO Markus Jooste resigned in an accounting scandal that saw the company’s share price collapse.JOHANNESBURG -Steinhoff chairperson Heather Sonn has resigned.This comes after discovering that she had unwittingly completed a transaction without declaring a potential conflict of interest.
Sonn is a shareholder in the investment company Gamiro. Gamiro completed a transaction with Geros Financial Services more than two years ago which in turn may have been associated with, and indirectly funded by Steinhoff.READ:Matjila 'responsible' for Steinhoff losses
Sonn says she would have made disclosures had she been aware of this. Read more: eNCA »
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