Steinhoff | 'The R475m fine is a major step to hold Jooste accountable' - FSCA

The fallout continues after one of South Africa’s biggest corporate scandals. The Financial Sector Conduct Authority has fined former Steinhoff CEO Markus Jooste 475 million rand for publishing of false and misleading financial statements. The company suffered hefty losses after claims of accounting irregularities emerged. FSCA Commissioner Kamlana explains what they found in their investigation. #enca #dstv403 For more on the story: https://www.enca.com/top-stories/steinhoff-r475m-fine-major-step-hold-jooste-accountable-fsca