The Hawks, the SA Reserve Bank and the Financial Sector Conduct Authority have all denied holding Markus Jooste's passport after the disgraced former Steinhoff CEO failed to appear in a German court. | News24_Business
The Oldenburg regional court in Germany, where Markus Jooste was conspicuous by his absence on Tuesday.The Hawks, the SA Reserve Bank and the Financial Sector Conduct Authority have all denied holding Markus Jooste's passport after the disgraced former Steinhoff CEO failed to appear in a German court.
On Tuesday morning, Jooste was supposed to attend his criminal trial in Oldenburg in that country, but his defence team claimed he was unable to travel owing to passport problems, and that he ran the risk of being arrested if he tried to leave South Africa. reported that German prosecutors have applied for an arrest warrant against Jooste. According to Stern, public prosecutor Frank Lohmann said Jooste posed a flight risk and seemingly wanted to avoid the legal process in Germany.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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