Prosecutors in Germany are investigating Steinhoff CEO Markus Jooste and other senior managers for accounting fraud, according to Manager Magazine.
The South African furniture retailer is Europe’s second biggest, after IKEA.
Back in 2015, German tax authorities searched Steinhoff’s offices.
Steinhoff’s share price is down 10% on the day.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
One would have to be an angel not to be angered by this sort of drivel that has appeared in this magazine that I'm not familiar with.— Christo Wiese
The statement we issued deal with this thoroughly.— Christo Wiese
The statements are devoid of any truth.— Christo Wiese
This matter has been floating around since 2015.— Christo Wiese
The Frankfurt Stock Exchange is a very strict exchange.— Christo Wiese
It’s coupled to the ongoing arbitration proceedings with this former joint venture partner.— Christo Wiese
People in the real world know that people use these tactics to force a better outcome for themselves.— Christo Wiese
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The move affects more than 40 000 drivers, who will make their last trips on 30 September.
Ray White interviews Gauteng Education Department spokesperson Steve Mabona.
The Money Show’s Bruce Whitfield interviews Pauli van Wyk, a journalist with Scorpio at Daily Maverick.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
Stephen Grootes weighs in on comments made by the Zion Christian Church Bishop at the weekend.
Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.
The EFF lawyer stole the show during the state capture report court battle.
Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.
Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?