DStv Channel 403 Monday, 20 January 2025

Steinhoff saga | First prison sentence in accounting scandal

JOHANNESBURG - The  Steinhoff scandal has finally resulted in a person being sentenced to prison.

Steinhoff’s former European finance chief, Dirk Schreiber, has been handed a three-and-a-half year sentence by a German court.

READ: Steinhoff | Shareholders vote to dissolve and delist the company

He was convicted of accounting violations and aiding credit fraud.

It's still unclear when the company's former CEO Markus Jooste will have his day in court. 

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