DISCUSSION | South African Reserve Bank freezes R5.5bln Steinhoff funds
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The South African Reserve Bank
The South African Reserve Bank has frozen five accounts linked to Steinhoff's local operations - said to hold a cumulative value of about R5.5bln.
Steinhoff's latest annual financial statements seem to word this development ambiguously - but what does it mean for the controversial company?
Will there ever be any accountability over the Steinhoff scandal which became known as the biggest fraud in South African corporate history in which wiped off over R12 billion from the Government Employees Pension Fund?
For more, we are joined by SABC News Economics Editor Tshepo Mongoai and Paul Van Wyk, investigative journalist at Daily Maverick.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Steinhoff's latest annual financial statements seem to word this development ambiguously - but what does it mean for the controversial company?
Will there ever be any accountability over the Steinhoff scandal which became known as the biggest fraud in South African corporate history in which wiped off over R12 billion from the Government Employees Pension Fund?
For more, we are joined by SABC News Economics Editor Tshepo Mongoai and Paul Van Wyk, investigative journalist at Daily Maverick.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
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در تاریخ 1402/04/19 منتشر شده
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