Find someone who looks at you the way Floyd Shivambu looks at Markus Jooste #Steinhoff #MarkusJooste

Markus Jooste: I took my decision to resign in December when Steinhoff didn’t want to take my advice, and I’d had enough. Nothing to do with his “mistakes” apparently.

Markus Jooste: his company Mayfair Speculators sold at 68m Steinhoff shares in December so he has no more shares left.

Markus Jooste: I put my job “at risk” because I believed there was no need for another forensic investigation, as it would delay the financial results coming out. Yunus Carrim, the chair, says he’s trying to come across like the Mother Theresa of Steinhoff, trying to avoid guilt

Markus Jooste: the mistakes were to grow too fast, too quickly and to rely on a close association with a strategic partner he shouldn’t have (Andreas Seifert). Jooste makes no mention of the, um, fraud!

Markus Jooste: I resigned because “I had enough” of all the tax investigations. Jooste didn’t think there was any need for a new forensic investigation (as Deloitte wanted) so “I wanted to force them to take the right decision for the company”.

Markus Jooste: at day of Steinhoff’s collapse, I had 68m Steinhoff shares (worth about R3bn before that day). Today those shares are worth about R185m.

Yunus Carrim: if you have nothing to hide, why do you have a battery of lawyers? Markus Jooste: it was in my interest to appoint a legal team and it was on their advice I refused to appear in Parliament until now

The crux of #markusjooste testimony. This is behind his message of contrition and - as he seems to claim - the guy behind the whole #steinhoff smash.

Markus Jooste: the mistake I made was taking a strategic partner in 2007, Andreas Seifert, that made his “dream collapse”. Presumably, in Jooste’s version, by unfairly implicating him in fraud that led to the German criminal probe. In his version.

Markus Jooste: it “saddened” me what happened to Steinhoff, and the losses incurred by pension funds, colleagues and others

#markusjooste replies without a hint of emotion or concern, he has never heard the quote and doesn't understand it.
#steinhoff

Markus Jooste: I was not aware of any accounting irregularities at Steinhoff. ... I was not aware of anyone that acted deliberately or knowingly in violation of Steinhoff’s code of conduct

#Steinhoff ex CEO Markus Jooste with his senior counsel Francois van Zyl - ahead of the parliamentary hearing

The throng of photographers around the lesser spotted Markus Jooste

Markus Jooste is in the building. fin__24 Team News24

The President of the US needs political distractions to turn our gaze away from his criminal cabal, and so he’s attacking South Africa with the disproven racial myth of “large scale killings of farmers”
This man has never visited the continent and has no discernible Africa policy

Big 👍 to Simon Brown for standing firm. You are doing SA a big service with your warnings !

If you haven't yet, please do read this. Who will protect you when the ANC comes for the land? news24.com/Columnists/Gue… via News24 🇿🇦