Ex-Steinhoff CEO Markus Jooste shot himself as police closed in on his home.
Ex-Steinhoff CEO Markus Jooste is said to have died by suicide after shooting himself as the police were about to arrest him A former Poundland boss has been found dead the day after receiving a £19 million fine over one of the biggest financial scandals in South Africa’s history, local media have reported.
‘An inquest docket was opened by Hermanus police for further investigation; no foul play is suspected at this time.’ The investigation into the circumstances surrounding his death is still ongoing, a spokesman said. His former company, Steinhoff, is the majority owner of discount retailers Pepkor and Pepco. His former company, Steinhoff, is the majority owner of discount retailers Pepkor and Pepco.
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