Markus Jooste Fined R475 Million For Misleading Steinhoff Finances By FSCA

The Financial Sector Conduct Authority (FSCA) has imposed a hefty R475 million administrative fine on Markus Jooste, the former CEO of Steinhoff, for breaching the Financial Markets Act (FMA) in connection to his disclosure of Steinhoff International’s financial status. Following an earlier determination by the FSCA that Markus Jooste violated the FMA and was subject … Continue reading Markus Jooste Fined R475 Million For Misleading Steinhoff Finances By FSCA