Clipped Hawks falter over Steinhoff

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Clipped Hawks falter over Steinhoff
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RECAP: In September last year, a self-assured Markus Jooste, flanked by four legal representatives, told MPs he knew nothing of “accounting irregularities” at Steinhoff.

There appears to be little progress on any criminal cases relating to the collapse of household goods retailer Steinhoff, which may explain why former chief executive Markus Jooste appeared relatively unfazed in Parliament this week.

The issue has come at a time when the police unit is having to deal with other large corruption cases stemming from state capture allegations, all of which involve complex financial transactions. These cases come on top of investigations recently launched into the collapse of VBS Mutual Bank and the Steinhoff matter.

But Khana said the Hawks had dedicated significant resources to the case, given its magnitude, including six investigators and three prosecutors. Mulaudzi confirmed that the four cases were “receiving attention” but they could not be dealt with “piecemeal or separately”.

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