JOHANNESBURG - Former Steinhoff CEO Markus Jooste has died.
Yesterday the Financial Sector Conduct Authority fined Jooste 475 million rand for publishing of false and misleading financial statements.
READ: Steinhoff | 'The R475m fine is a major step to hold Jooste accountable' - FSCA
The company suffered hefty losses after claims of accounting irregularities emerged.
FSCA Commissioner Kamlana explains what they found in their investigation.