DStv Channel 403 Friday, 22 November 2024

FSA slaps Markus Jooste with R475 million fine

JOHANNESBURG - Former Steinhoff CEO, Markus Jooste has been slapped with a hefty fine of 475 million rand by the Financial Sector Conduct Authority.

READ: JSE fines Jooste R7.5m, bans him for 20 years

The fine follows an investigation found that Jooste made or published false, misleading, or deceptive statements about Steinhoff.

The eNCA had a discussion with financial journalist Rob Rose on this issue.

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