DStv Channel 403 Thursday, 07 November 2024

Kganyago: Wheels slowly grinding over Steinhoff saga

File: A reported R187-billion was wiped off the value of Steinhoff after accounting irregularities.

JOHANNESBURG - The Reserve Bank Governor Lesetja Kganyago says the wheels of justice are turning slowly regarding the Steinhoff saga.

The Reserve Bank has moved to attach the assets of former CEO, Markus Jooste.

READ: Markus Jooste's assets attached

The Bank received the go-ahead from the Western Cape High Court.

Jooste has been implicated in accounting fraud at the company totaling over R200 billion. 

Paid Content