German court details charges against Markus Jooste

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Former Steinhoff CEO said to have used fictitious deals and network of companies to conceal losses in subsidiaries

Former Steinhoff CEO Markus Jooste insists that European subsidiary companies produced specific earnings figures from 2011 and 2013 to assist him to manipulate the Steinhoff books. Profits of certain divisions were decided ahead of time.

A press release from the Oldenburg regional court details how Jooste used a network of companies and fictitious transactions that were difficult to comprehend to conceal losses in subsidiaries. He and some of his managers also excessively inflated property asset values. This inflated profit at Steinhoff Europe...

 

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Steinhoff's Markus Jooste couldn't find his passport - misses German court date | The CitizenDisgraced former Steinhoff💰 CEO Markus Jooste fails to appear in a German court on fraud charges ⚖️because he can't find his passport ✈️😒 Steinhoff markusJooste TheCitizenNews Catch up here⬇️ I’ve never,, ever heard such an excuse to the court!! I’m sure he knew since last year he must appear? Excuses. Can HomeAffairsSA please organise this fraudster an emergency passport. Thabo Bester has it
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Fraud-accused Markus Jooste a no-show at German courtThe former Steinhoff CEO did not pitch up in the Oldenburg regional court on Tuesday for his trial due to missing travel documents. Seriously, 'missing passport' I hope the Germans come here to collect him! This POES CyrilRamaphosa HomeAffairsSA please strip this guy of SA citizenship AFTER you have NATIONALISED all of his ill-begotten 'assets' Zuma will NEVER see the inside of a courtroom or a jail cell if this poes doesn't face the music International warrant of arrest loading for this prime white thief
Source: ewnupdates - 🏆 30. / 53 Read more »

German prosecutors want arrest warrant for Markus JoosteFormer Steinhoff CEO did not appear in the Oldenburg court, which has yet to decide on issuing a warrant Good luck with that Germany, we don't even arrest mass murderers like Al Bashir or Putin Jooste He only lost his passport. Classic Germany trying to start a world war over that.
Source: BDliveSA - 🏆 12. / 63 Read more »

Markus Jooste's blame game: SA govt denies it kept him away from German trial | BusinessDisgraced Steinhoff CEO Markus Jooste's defence team has blamed the South African Department of Justice for preventing him from attending his criminal trial in Germany this week – but this has been denied by government. | JanTamb JanTamb Best strategy I ever took was buying a little bit every day and increasing the amount of those buys during dips into Crypto is the best strategy of the past decade Following 1marketanalyst tweets, prediction and tips I have really learnt a lot about how Crypto works JanTamb Maybe they wanted him to get arrested!🤣🤣🤣 JanTamb When SA governement denies something it`s usually true...
Source: News24 - 🏆 4. / 80 Read more »

LIVE | German judges enter courtroom, still no sign of Markus Jooste | BusinessAll the latest news and analysis on the Markus Jooste trial in Oldenburg, Germany. JanTamb Can the NPA explain why he is not in court in south africa? 🤔🤔🤔🤔 JanTamb Hello PaulivW can we get coverage JanTamb Fraudster Markus Jooste on trial. I fixed it.
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German prosecutors apply for arrest warrant for Markus Jooste | BusinessGerman prosecutors have applied for an arrest warrant against Markus Jooste after he failed to show up for his criminal trial in Germany. The Hawks, the Reserve Bank and the Financial Sector Conduct Authority have all denied holding his travel documents. It's different, race doesn't apply They should’ve issued an arrest warrant long ago!! ……he has no intention of appearing in court!!! Markus could get tips from Zuma
Source: News24 - 🏆 4. / 80 Read more »