Jooste took his own life on a beach in Hermanus, after he was expected to hand himself over to police on Friday to face fraud and racketeering charges.
CAPE TOWN - Up until his death on Thursday, disgraced former Steinhoff CEO Markus Jooste managed to evade accountability for the company’s accounting scandal for more than six years.
He told MPs that,"the mistakes as I have mentioned before, over a 29 year period, you make lots of mistakes. So that certainly happened." He dodged the latter by claiming he was not allowed to leave South Africa and continued to hold on to a lavish home in Hermanus where he lived until his death. MPs were under strict instructions about the questions they could pose and Jooste frustrated them by shifting the blame for the accounting irregularities.The committees pushed him repeatedly to accept his role in the debacle.
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