More Steinhoff secrets to be revealed as court orders release of FULL report into massive fraud

PL

Paula Luckhoff

5 December 2024 | 18:21

It's taken years for the Financial Mail and amaBhungane to get a ruling in their favour for public disclosure of the PwC report into the Steinhoff fraud.

Stephen Grootes interviews Sam Sole, investigative journalist at amaBhungane.

In a scathing judgment, the Supreme Court of Appeal (SCA) has ruled that Steinhoff must reveal the full forensic report into the massive fraud that caused its collapse.

The disgraced company that cost investors billions, made only a summary of the report public after PwC submitted the full version in 2019.

The SCA found that the release of the full report was in the public interest, overriding all other considerations.

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Stephen Grootes talks to investigative journalist Sam Sole about the perceived importance of the document, considering the years-long fight amaBhungane put up to get hold of it.

"For such a massive fraud to take place over a decade, the few high-level individuals (including the now-deceased Markus Jooste) who're in the spotlight were likely not the only ones who knew about this or at least ought to have know about it... "
"And there are players in Germany, the UK... who also haven't really taken the heat, and that's why we wanted this document so we can pinpoint exactly what went wrong and who either was actively complicit, or looked the other way."
Sam Sole, Investigative Journalist - amaBhungane

It's intriguing just how hard Steinhoff, or rather its successor company, has fought against the release of the report, Sole remarks.

"That really begs the question of what's in there that they are so desperate to try and keep secret."
Sam Sole, Investigative Journalist - amaBhungane

Scroll up to hear the full conversation with Sole

 

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