Analysts believe it will be easier to build a case against the former Steinhoff CEO on ‘lesser crimes’ instead of complex international investment fraud
The Steinhoff debacle caused its major investor a loss of R50bn and kicked him off the richest list
Michael Katz is chair of a law firm the revenue service claims was involved in an alleged tax scam
Businessman Christo Wiese maintains his tax affairs are in order and says this is the first time he has ever been sued by SARS
The former Steinhoff chair has been implicated in alleged multibillion rand tax evasion schemes, amaBhungane reported
The billionaire was often in the public eye, but he has seemingly gone to ground since the Steinhoff scandal
The former chairperson has instituted two claims against the retailer for agreements made in 2015 and 2016
The former chairperson has lodged a claim of R59-billion against the retailer
The Hawks have told the Standing Committee on Public Accounts that the report contains ‘nothing’
The conglomerate has been facing liquidity issues since early December, when the group’s auditors flagged financial irregularities in its financials.
Shoprite, which announced higher profit this week, advanced about 40% in the past year, softening Wiese’s financial blow from the Steinhoff collapse
The Steinhoff case highlights weaknesses in the governance structure the company had chosen to operate under.
It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral
Major investors are waiting anxiously, as the company needs to produce financials by the end of January if its shares are to continue trading
Last month, Steinhoff revealed it was under criminal and tax investigations, with a reported six-billion-euro ($7-billion) hole in its accounts.
Futuregrowth dumped its shares in the company years ago because the warning signs were clear
Allegations of earnings manipulations, uncontrolled acquisition sprees and tax fraud are just the tip of the iceberg for the retail holding company
Steinhoff shares lost over 56% in trading on the Johannesburg stock exchange.
The Amsterdam-based holdings company has had an over-subscription of shares and in the process has combined the assets of SA’s fourth richest person.
Christo Wiese and Brian Gilbertson loom large behind Gemfields, an "ethical" company accused of operating in a "militarised" zone in rural Mozambique.
