A warrant of arrest for Markus Jooste was issued on Wednesday, the same day that the FSCA revealed that it is fining him R475 million.
Former Steinhoff CEO Markus Jooste testified in Parliament on the Steinhoff debacle on 5 September 2018. Picture: Armand Hough / African News Agency
According to a joint statement from the National Prosecuting Authority and the Directorate for Priority Crime , the allegations in the warrants of arrest include fraud, a pattern of racketeering activities and contravention of the Financial Markets Act. Exit routes for Jooste and Grobler were first secured before their defence teams were informed to ensure that they do not leave the country, according to the statement.
“After being notified of the arrest warrants, Jooste allegedly committed suicide on the afternoon of 21 March 2024. Grobler appeared in court on Friday morning on the charges,” the statement says.
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