Streaming issues? Report here
Inside EWN thumbnail July 2020 Inside EWN thumbnail July 2020
Inside EWN
19:00 - 21:00
volume_up
volume_mute

Up Next: Best of 702
See full line-up
Inside EWN
19:00 - 21:00
Home
arrow_forward
Local
fiber_manual_record
World
fiber_manual_record
Business

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

24 August 2017 6:25 PM
Tags:
Steinhoff
Steinhoff International
Christo Wiese
markus jooste
accounting fraud
Manager Magazine

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

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.

The Money Show’s Bruce Whitfield interviewed Steinhoff International Chairperson Christo Wiese.

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

Click here (then “like” the page) to follow Bruce on Facebook.

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.


24 August 2017 6:25 PM
Tags:
Steinhoff
Steinhoff International
Christo Wiese
markus jooste
accounting fraud
Manager Magazine

More from Local

paygas-picturejpg

You can now buy a R10 voucher and top up your cylinder at pay-as-you gas station

9 August 2020 1:22 PM

PayGas CEO Philippe Hoeblich says it is ideal to operate from petrol filling stations as they are within a walking distance.

Share this:
Read More arrow_forward

cyril-2jpg

WATCH: President Cyril Ramaphosa delivers Women's Day address

9 August 2020 12:03 PM

Given the national lockdown restrictions on public gatherings, this year’s national day has been televised and celebrated virtually with president Ramaphosa delivering his address remotely.

Share this:
Read More arrow_forward

200808ollygif

ANC in Free State feels betrayed by members who voted against Olly Mlamleli

9 August 2020 8:05 AM

Mlamleli was ousted during a special council meeting on Friday night through a motion of no confidence brought by the Freedom Front Plus.

Share this:
Read More arrow_forward

rama1jpg

Ramaphosa to deliver Women’s Day address

9 August 2020 7:33 AM

Today marks 64 years since the heroic 1956 Women’s March to the Union Buildings against draconian pass laws and their impact on women.

Share this:
Read More arrow_forward

Covid-19 testing statistics modelling 123rf

UPDATE: 404,568 (73%) COVID-19 recoveries for SA as death toll breaches 10,000

8 August 2020 9:44 PM

There were 36,607 new tests conducted. The number of tests conducted to date is 3.220,265 with 535,188 confirmed cases.

Share this:
Read More arrow_forward

190311buthelezi

Prince Mangosuthu Buthelezi tests positive for COVID-19

8 August 2020 4:04 PM

According to a statement from his family, the 91-year-old veteran politician is currently self-isolating at home and remains asymptomatic.

Share this:
Read More arrow_forward

WhatsApp-message-log-app-smartphone-social-media-texting-technology-123rf

Pyramid schemes: It's greed, you think you stand a better chance than the others

8 August 2020 2:44 PM

National Consumer Commission director of prosecutions Joseph Selolo says you can't be naive or claim to be duped.

Share this:
Read More arrow_forward

Nedbank Cup: Mamelodi Sundowns Beat EC Bees FC 2-1

SA soccer season returns with Nedbank Cup semi-finals today

8 August 2020 12:02 PM

Baroka and Bloem Celtic will be part of South African football history when they play the first professional game of football in the country since the COVID-19 lockdown began.

Share this:
Read More arrow_forward

Boy Mamabolo

Boy Mamabolo apologises for threats against journalist

8 August 2020 11:55 AM

Mamabolo has admitted that last month his interview with Ngoako Malatji deteriorated, leading to him to utter profanities unbefitting of a public representative.

Share this:
Read More arrow_forward

premier-alan-winde-cticc-covid-19-hospitaljpg

Premier Winde calls for alcohol sales ban to be lifted in WC

7 August 2020 5:32 PM

Following a cabinet meeting, Winde said that the province had sufficient health capability to manage COVID-19 patients.

Share this:
Read More arrow_forward

More from World

Covid-19 testing statistics modelling 123rf

UPDATE: 404,568 (73%) COVID-19 recoveries for SA as death toll breaches 10,000

8 August 2020 9:44 PM

There were 36,607 new tests conducted. The number of tests conducted to date is 3.220,265 with 535,188 confirmed cases.

Share this:
Read More arrow_forward

Beirut capital of Lebanon with Beirut port prior to blast 123rf

Beirut blast: 'Think of an apocalyptic movie, that is what it looks like'

7 August 2020 7:35 AM

South African broadcaster living in Lebanon Mia Verdoorn Shamma reflects on how the country looks like after the two explosions.

Share this:
Read More arrow_forward

oranges-1117628-1920jpg

Good news for local citrus industry: Bumper season expected for US exports

6 August 2020 8:38 PM

Justin Chadwick (Citrus Growers' Association) says it's all thanks to the perceived immune-boosting attraction of Vitamin C.

Share this:
Read More arrow_forward

MTN-cellphone-network-service-provider-data-airtime-calls-123rf

MTN to quit Middle East to focus on Africa

6 August 2020 6:55 PM

Bruce Whitfield talks to MTN CFO Ralph Mupita about the reasons for the move and the company's huge profit increase.

Share this:
Read More arrow_forward

ei-7020-omny-episodic-claudine-1500x1500-fapng

Signcast: Sign language adds important dimension to podcasts

5 August 2020 3:47 PM

The Signcast of a discussion with Professor Claudine Storbeck features her translation of the conversation into sign language.

Share this:
Read More arrow_forward

beirut-blast-video-screengrab-twitterpng

'It was like an earthquake,' says Lebanon Ambassador to South Africa

5 August 2020 1:53 PM

Jihan Kaisi, a journalist based in Beirut, says this tragedy has added to the economic and COVID-19 pandemic crisis in the country.

Share this:
Read More arrow_forward

TikTok 123rf 123rfbusiness 123rfworld 123rflifestyle

Microsoft wants to buy TikTok. Donald Trump gives it 45 days to negotiate

3 August 2020 7:23 PM

[EXPLAINED] The Money Show’s Bruce Whitfield interviews Craig Wilson, Editor at Stuff Magazine.

Share this:
Read More arrow_forward

Bob Scholes

Climate Consciousness: This Wits professor has Earth's interests at heart

3 August 2020 7:00 PM

Scientists are stepping into the political arena to persuade politicians to take decisions that will save us from climate change.

Share this:
Read More arrow_forward

Apple

Apple delays release of new iPhone

31 July 2020 5:29 PM

Ray White speaks to tech expert Aki Anastasiou to find out more about this.

Share this:
Read More arrow_forward

Zimbabwean flag

Author Tsitsi Dangarembga and MDC's Fadzayi Mahere arrested during protest

31 July 2020 4:50 PM

Security forces blocked roads leading into Zimbabwe's two main cities on Friday to prevent anti-corruption protests.

Share this:
Read More arrow_forward

More from Business

WhatsApp-message-log-app-smartphone-social-media-texting-technology-123rf

Pyramid schemes: It's greed, you think you stand a better chance than the others

8 August 2020 2:44 PM

National Consumer Commission director of prosecutions Joseph Selolo says you can't be naive or claim to be duped.

Share this:
Read More arrow_forward

premier-alan-winde-cticc-covid-19-hospitaljpg

Premier Winde calls for alcohol sales ban to be lifted in WC

7 August 2020 5:32 PM

Following a cabinet meeting, Winde said that the province had sufficient health capability to manage COVID-19 patients.

Share this:
Read More arrow_forward

mos-crib-thumbnail-unfilteredjpg

Our Nedbank Business Ignite winners want to do business with YOU!

7 August 2020 9:18 AM

From 50 finalists the three winners have been selected and they represent top adaptive thinking in business right now.

Share this:
Read More arrow_forward

performance-3202707-1920jpg

Nigerian Afrobeats star aims to raise $20m to fund the continent's musicians

6 August 2020 9:03 PM

'Mr Eazi' launched the Africa Music Fund to support the continent's creative talent. Bruce Whitfield interviews Lee Kasumba.

Share this:
Read More arrow_forward

oranges-1117628-1920jpg

Good news for local citrus industry: Bumper season expected for US exports

6 August 2020 8:38 PM

Justin Chadwick (Citrus Growers' Association) says it's all thanks to the perceived immune-boosting attraction of Vitamin C.

Share this:
Read More arrow_forward

liquor-store-sales-wine-champagne-mmc-brut-bubbly-alcohol-booze-drinking-123rf

Former Shoprite CEO joins court battle against alcohol ban - Govt is too slow!

6 August 2020 7:36 PM

Bruce Whitfield interviews Whitey Basson, who believes it's just not good enough for govt to say ban will be lifted but not when.

Share this:
Read More arrow_forward

MTN-cellphone-network-service-provider-data-airtime-calls-123rf

MTN to quit Middle East to focus on Africa

6 August 2020 6:55 PM

Bruce Whitfield talks to MTN CFO Ralph Mupita about the reasons for the move and the company's huge profit increase.

Share this:
Read More arrow_forward

afrika-tikkunjpg

SA needs 'the Madiba compassion' more than ever now, says Afrika Tikkun CEO

5 August 2020 8:54 PM

Marc Lubner on the NGO's programmes for young South Africans and how working with Nelson Mandela inspired his life's work.

Share this:
Read More arrow_forward

car insurance short-term cover 123rfbusiness 123rflifestyle 123rf

Why it's a bad idea to ditch or downgrade your car insurance to save on costs

5 August 2020 8:21 PM

Involved in an accident you didn't cause? Third party claims don't pay out much. Wendy Knowler shares one driver's horror story.

Share this:
Read More arrow_forward

liberty-ceo-david-munrojpg

Liberty reports R2.2b loss amid pandemic, but 'capital ratio remains strong'

5 August 2020 7:53 PM

Liberty's David Munro tells The Money Show its R3b pandemic reserve shows the insurer 'truly living out its purpose'.

Share this:
Read More arrow_forward