Saica charges former Steinhoff CEO Markus Jooste with misconduct: Freeman Nomvalo скачать в хорошем качестве

Saica charges former Steinhoff CEO Markus Jooste with misconduct: Freeman Nomvalo

The South African Institute of Chartered Accountants (Saica) has instituted charges of misconduct against former Steinhoff CEO Markus Jooste. Jooste is among company executives accused of structuring and implementing various transactions over a number of years which inflated the profit and assets of the group. Former CFO Ben la Grange and former executives Dirk Schreiber and Stehan Grobler are also on the list of the individuals implicated in a report by audit firm PriceWaterhouseCoopers (PwC). The multi-national retailer was plunged into a crisis in 2017 when its stock dropped dramatically amid allegations of fraud against Jooste. In a statement released on Monday, Saica said Jooste had acted in a manner that brought the accountancy profession into disrepute. CEO of the South African Institute of Chartered Accountants, Freeman Nomvalo, speaks to Tshepiso Makwetla. For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.