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allafrica - 1 month ago

South Africa: Steinhoff Implosion - Balance Sheet Fraud, It Appears, Is Taken Seriously in Germany

[Daily Maverick] Three years and three months after Steinhoff auditor Deloitte refused to sign off on the company s accounts, triggering the resignation of the CEO and implosion of the share price, German authorities have reportedly indicted four people on charges of balance sheet manipulation.


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