February 6, 2025
SCORPIO: Unpacked: SA Reserve Bank’s attachment swoop on ex-Steinhoff CEO Markus Jooste’s billions in assets

The South African Reserve Bank (SARB) links former Steinhoff CEO Markus Jooste to R4.836-billion worth in contraventions of the Exchange Control Regulations. The SARB argues Jooste used companies in the Steinhoff group as well as his racehorse company Mayfair Speculators to syphon money away from Steinhoff to enrich himself and others…
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