Germany issues arrest warrant for ex-Steinhoff CEO MarkusJooste. Moneyweb Steinhoff
A German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff International Holdings NV, after he failed to show up for trial in the country. The Regional Court of Oldenburg issued the warrant about two weeks ago, a spokesman for the tribunal said on Wednesday. Prosecutors had asked for the order in April when Jooste was a no-show for his trial in that city.
Gross told the court in April that his client was unable to travel because he didn’t have access to his passport, under an arrangement with South African authorities. Jooste is facing much bigger probes and allegations there than in Germany, the lawyer said. Read: Steinhoff directors start German accountancy scandal trial Steinhoff has been battling to stay afloat, more than five years since auditors refused to sign off on its accounts.
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