Rob Rose: Pushing corporate SA into more transparency, starting with Steinhoff

Disgraced Steinhoff CEO Markus Jooste was never a Rob Rose fan. For years, the investigative journalist was on Jooste's case, going back to a 2011 investigation into Jooste by SA Revenue Services. He wisely questioned where others merely accepted. So when the ponzi scheme blew up, Rose went even deeper into the Steinhoff muck, delivering his best-selling Steinheist book even before the company's own forensic report was concluded by a 100-person team at PWC. Rose filled in much of the jigsaw puzzle, but was appalled that the bulk of what was uncovered by PWC was not disclosed. Steinhoff's board only releasing an 11 page summary, keeping the meat of the biggest corporate fraud in SA history under wraps. Immediately after PWC's report was concluded in March last year, the Financial Mail launched a legal challenge to get the full document into the public domain. Steinhoff responded in court last week. In the latest episode of Rational Radio, Rose provides an update on the process, explaining why the court action matters so much. - Alec Hogg
21 Jan 2020 12AM English South Africa Investing · Business News

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