Carl Niehaus has taken his exposès to greater heights after he exposed the mistress of former Steinhoff CEO Markus Jooste on social media.Recent reports shows that Markus Jooste is among the Steinhoff executives charged with fraud in Germany.
We've come to the end of April 2021.Let's look at how the markets have traded this week.On Tuesday the JSE was closed as South Africa was observation 27 years since the first democratic vote.Shareholders representing 44% of Volaris, the company that is staging a takeover of Adapt IT, said they'll will fund the takeover.
UMkhonto weSizwe Military Veterans Association member, Carl Niehaus is fuming after the investigative agency, Hawks received R30 million from one of South Africa's biggest retailer Steinhoff to probe Steinhoff's fraudulent activity causing a conflict of interest after the Hawks revealed they did not have funds to probe the retailer. Niehaus claimed
I do not remember people standing in a long queue to elect Steinhoff.
The South African economy is going to collapse in two or three years, but it may happen sooner! With Ramaphosa and his pro western corporations influenced policies and the so called "investors" that he is associated with...we are in for a great surprise, those people are going to collapse the economy while making billions of dollars in profits and taking no accountability. What is happening with companies like Steinhoff, Edcon Group, Group 5, Basil Read losing their stocks through corruption, manipulation and
As the state does not have the budget to investigate fraud that allegedly took place at Steinhoff, it has been reported that Steinhoff has agreed to give the National Prosecuting Authority R30 million to conduct investigations since the state does not have the budget to conduct investigations.
What majority of South Africans (particularly on social media) who have since condemned the National Prosecuting Authority (NPA) for its decision to accept an offer R30m from Steinhoff to fund its forensic investigation into the company's alleged “balance sheet fraud” were not told in the news report, is that even
Economic Freedom Fighters have argued that there is tangible evidence of conflict of interest, after it was revealed that Steinhof gave the investigative agency, Hawks R30 million to conduct Steinhoff's own fraudulent activity.
Never in my wildest dreams would l want to be in the shoes of the Bushiri's at the moment.The couple have been through the most in a short period of time.First they were arrested and they fled the country making themselves fugitives.
Source: Businesslive.co.za & sabc This does not make any sense, the HAWKS and NPA spent a lot of money investigating the likes of Bongani Bongo and former president Jacob Zuma but now they do not have enough money to investigate Steinhof.
Cyril's faction and private army, Hawks, say they don't have budget to investigate Steinhoff (White) which looted over R60 billion but they have a healthy budget (black) to fabricate charges against Ace, Zuma & Bongo to mention but a few.
NPA’s failure to prosecute anyone over Steinhoff is a huge blind spot because, comparatively speaking, the alleged fraud uncovered in VBS investigation is a tiny fraction of what was lost as a result of the Steinhoff scandal”. So why is one case being pursued and the other not? I have read what the NPA says and all they do is bemoan the complexities brought about by their ineptitude. Firstly, the prosecutors are struggling come to grips with the facts, most people at the helm when Steinhoff scandal took
Steinhoff and it's CEO has been on the limelight on public domain for corruption of billion of rand's.People have been complaining about the NPA and the Hawks lack of holding White criminals to acccount.
Johannesburg - With R21 billion without attempting to shroud funds wasted in what ought to be South Africa's most essential corporate pressure, it makes the inclination that nobody necessities to anticipate commitment and declare how far the evaluations have gone to recover the assets from Steinhoff or to bring those expected to book. Despite having taken in excess of 200 observer explanations and the billions the PIC has lost in Steinhoff, law endorsement working environments appear to have lost the craving
R30 Million is the amount Retailer Steinhoff gave the Hawks and the NPA to investigate alledged fraud in the company.This because the state does not have funds.For more on This Thembekile Mrototo has the story.
Previous Steinhoff CEO Markus Jooste on Friday got a regulatory punishment of R161 million by the Financial Sector Conduct Authority, however the fine is "Only a token punishment", the EFF said in an announcement on Friday. "Jooste has made monstrous unsalvageable harm investor esteem and the South African economy. For this he merits a lot harsher fines," the EFF said. "Individuals like Jooste carry out genuine violations just to vanish into an existence of extravagance, peacefulness and rapture without enduring
South Africans were left in total shock after they learnt that there has a possibility of conflict of interest that surrounds the Steinhoff saga.
The National Prosecuting Authority (NPA) has affirmed that it has gotten cash from Steinhoff, to help with a measurable test into the organization's evaluating embarrassment, yet demands there is no irreconcilable situation.
The Hawks are researching new extortion and tax evasion charges against previous Steinhoff CEO Markus Jooste whose realm fell three years prior in what is supposed to be South Africa's greatest corporate misrepresentation. The Sunday Times revealed that the Hawks are focusing on the bank records of Jooste's pony dashing organization, Mayfair Examiners, somewhere in the range of 2000 and 2009. The Hawks appended subtleties of bank exchanges including a huge number of rands moved between Steinhoff, Mayfair
Source: https://ewn.co.za/2021/03/05/no-conflict-of-interest-steinhoff-funds-npa-s-probe-into-its-auditing-scandal Steinhoff has given HAWKS/NPA R30 million to investigate Steinhoff.Supposedly lm a criminal who murdered someone and l give HAWKS R30 million to investigate me why l murdered someone is no different from bribery and corruption, let alone conflict of interest.