Just more than four years after it shocked investors with a disclosure of what would be SA's biggest corporate fraud, Steinhoff has closed the chapter of litigation that threatened to completely sink what was once Europe's second largest furniture retailer.
On Monday, the Cape Town high court approved a R24bn settlement with investors who lost out after the discovery of “accounting irregularities” in December 2017 contributed to a decline of about R200bn in the company’s value. Steinhoff had faced combined claims of around R180bn, which threatened to push it to bankruptcy...
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Court gives final approval to R24bn Steinhoff settlementThe ruling allows the controversy-mired conglomerate to put more than two years of legal wrangling, and R184bn in claims, behind it Thank you for the great review that we had the other day. You made it easier for me to understand crypto trade. earn 🙌 R75k$ with the help of MichaelWeldon_ After the fall of Saudi Arabia & Turkey, Islam will rise again in the world through Pakistan. Under Imam Al-Mahdi Pakistan will progress in a short amount of time, and lead the revival for Muslims across the world. Could Muhammad Qasim be Imam Al-Mahdi?
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Court gives final approval to R24bn Steinhoff settlementThe ruling allows the controversy-mired conglomerate to put more than two years of legal wrangling, and R184bn in claims, behind it Thank you for the great review that we had the other day. You made it easier for me to understand crypto trade. earn 🙌 R75k$ with the help of MichaelWeldon_ After the fall of Saudi Arabia & Turkey, Islam will rise again in the world through Pakistan. Under Imam Al-Mahdi Pakistan will progress in a short amount of time, and lead the revival for Muslims across the world. Could Muhammad Qasim be Imam Al-Mahdi?
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Inside Tongaat’s R12bn schlenter400 pages of court papers, surfacing now, spell out the mechanics of an epic R12bn fraud second only to Steinhoff, writes robrose_za. robrose_za Few month ago I was struggling to fend for my self and my kids ,at my last bus stop I decided to give Bitcoin trading a try ,through the help of AMBREYMARCUS1 I was able to earn R250,000 in 2 weeks thank you so much Mr AMBREYMARCUS1 . robrose_za I always hated Bitcoin and thought it was a scam,till I met AMBREYMARCUS1 I made my withdrawal of R250,000 in 2 weeks thanks to AMBREYMARCUS1 Now am financially stable . robrose_za The black government is not alone in these immoral crusades - whites do it too !
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