Steinheist By Rob Rose South Africa true crime corporate fraud business Markus Jooste death

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Steinheist By Rob Rose South Africa true crime corporate fraud business Markus Jooste death The book is a paperback book and the book is NEW There are 312 pages in the book Barcode 9780624085973 *******ABOUT THE BOOK******* The Steinhoff crash wiped more than R200 billion off the Johannesburg Stock Exchange, erased more than half the wealth of tycoon Christo Wiese and knocked the pension funds of millions of ordinary South Africans. When this investors darling was exposed as a house of cards, tales of fraudulent accounting, a lavish lifestyle involving multimillion-rand racehorses and ructions in the Stellenbosch mafia made headlines around the world. As regulators tally up the cost, 'Financial Mail' editor Rob Rose reveals the real inside story behind Steinhoff. Based on dozens of interviews with key players in South Africa, the UK, Germany and the Netherlands and documents not yet public Steinheist how Bruno Steinhoff formed the company by doing business in the Communist bloc and apartheid South Africa; how the Markus myth started in the dusty streets of Ga-Rankuwa and grew thanks to a bit of luck in a 1998 takeover; how Jooste insiders shifted nasty liabilities off Steinhoffs balance sheet to secretive companies overseas in order to present a false picture of the profits; how Wiese was lucky to lose only R59bn and how Shoprite narrowly escaped getting caught in Steinhoffs web; and what happened behind closed boardroom doors in the frantic week before Jooste resigned. ******ABOUT MARKUS JOOSTE****** Jooste's personal assets, along with the family trust, Silver Oak Trust, valued at more than R1.4 billion, were frozen by the SARB in October 2022. The disgraced businessman took his life near his home in Hermanus on 21 March 2024, The suicide occurred just a day before he was supposed to surrender to the Hawks, he died from a gunshot wound to his head

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