STEINHEIST, Markus Jooste, Steinhoff and SA's biggest corporate fraud

: Rose (R.)

R 295.00
- +

311pp., b/w & colour illus., paperback, Cape Town, 2018


Retailer Steinhoff International Holdings is being investigated by the Hawks. Three cases related to allegations of fraud have been reported after the group submitted a series of allegations against former CEO Markus Jooste. Jooste resigned in December 2017 after the group admitted to accounting irregularities which led to a decline of more than 95 percent in its share price and losing more than R100-billion in market capitalisation, qualifying as the biggest corporate failure on the JSE.

"An astonishing piece of investigative journalism, exposing greed, plunder and betrayal on a grand scale." Jacques Pauw, author of "The President's Keepers" and "Into the Heart of Darkness"

"The driving narrative is vintage Rose. That's because he knows what he's talking about, Markus Jooste will absolutely hate this book." Peter Bruce, former editor-in-chief of Business Day

Rob Rose is an investigative journalist and business editor at the Sunday Times. In 2011, he was awarded the Nieman Fellowship to study at Harvard University. He is also the author of "The Grand Scam, how Barry Tannenbaum conned South Africa's business elite".