Former Steinhoff CEO Markus Jooste OKs a 'circumscribed' grilling in Parliament

28 August 2018 6:31 PM

It’s a bit like asking a prisoner who just escaped from jail to come back and point out the flaws in the prison’s infrastructure.
— Warren Thompson, Business Day

Former Steinhoff Chief Executive Officer (CEO) Markus Jooste will give evidence – under oath - in Parliament next Wednesday (5 September) about the collapse of the once-loved furniture behemoth.

Jooste – now a subject of a Hawks investigation - quit after accounting irregularities came to light, triggering a total collapse in the Steinhoff share price.

He has yet to break his silence on what went wrong at Steinhoff.

Former Steinhoff Chief Financial Officer (CFO) Ben La Grange will be at Parliament this Wednesday (29 Augustus).

The Money Show’s Bruce Whitfield interviewed Warren Thompson, Financial Journalist at Business Day.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

I’m not too optimistic we’re going to learn anything new from Mr Jooste.
— Warren Thompson, Business Day

He’s going to have a team of lawyers with him… it’s going to be very guarded…
— Warren Thompson, Business Day

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