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Former Steinhoff CEO Markus Jooste dies by suicide, reports say

A 63-year-old man whom police in South Africa on Thursday, 21 March 2024, said apparently died by suicide was identified by local media as former Steinhoff chief executive Markus Jooste.

22 Mar 2024

Source: Reuters.

Source: Reuters.

Jooste, who was instrumental in transforming Steinhoff from a small Johannesburg furniture outfit into a multinational retailer, had been handed a hefty fine for accounting fraud on Wednesday, 20 March 2024.

Steinhoff's former Chief Executive Markus Jooste appears in parliament to face a panel investigating an accounting scandal that rocked the retailer in Cape Town, South Africa, September 5, 2018. REUTERS/Mike Hutchings/File Photo

SA regulator fines former Steinhoff CEO for accounting fraud

Nqobile Dludla 21 Mar 2024

Police said an inquest case docket had been registered following the death of a 63-year-old man. They did not name the deceased.

"It is alleged that the victim sustained a gunshot wound at around 15:20 (local time) at Kwaaiwater and succumbed to death on his way to hospital," Western Cape police spokesperson colonel Andre Traut said in a statement, referring to a suburb of the coastal town of Hermanus near Cape Town.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

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