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Markus Jooste | Jooste died by suicide in Hermanus

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Markus Jooste | Jooste died by suicide in Hermanus


Former Steinhoff CEO Markus Jooste died by suicide in Hermanus following a shocking turn of events on Thursday. The Financial Sector Conduct Authority fined Jooste R475m for knowingly sharing false information to deceive investors and lenders. #DStv403 #eNCA #NewsLink #QuestionThinkAct

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  1. Do not forget:
    the corruption and donations from the ´new´ Boards of IBEX Holding , formerly known as Steinhoff International NV:

    CFO THEODORE DE KLERK AND CEO LOUIS DU PREEZ ARE THE MARKUS JOOSTE LOOK-A-LIKES FROM TODAY
    The IBEX Board, formerly known as Steinhoff International NV, was paying Markus Jooste even in 2018, while he left the company at December 2017.This is remarkable and at least dirty money.
    CFO de Klerk earned almost 13 million in 4 and half years, CEO Louis du Preez 15,5 mil. The advisors, lawyers, auditors and consultants were paid 449 million fee in 4 and half year.

    The shareholders were paid……? ZERO at the end of JUNE 2023, their money was totally gone due to this fraudulent Boards. And most remarkable: the shareholders paid for these extreme remuneration and for the advisers and lawyers, even the lawyers from the creditors as well! So they paid for their own harm and expropriation, paid to facilitate these thefts to steel their money.

    DONATIONS AND DIRTY MONEY
    Further the donation to Mmusi Maimane : he was continued to drive in the car also within the period of Louis du Preez:
    The DA has come to the defence of its leader Mmusi Maimane amid reports that he had continued to drive around a car paid for by former Steinhof chief executive officer Markus Jooste.: ´
    ´Rapport reported on Sunday that Maimane had refused to return the car despite colleagues warning him about possible reputational damage to both him and the party.
    As another scandal emerged that Democratic Alliance leader Mmusi Maimane allegedly used a vehicle given to him by the controversial former Steinhoff chief executive officer, Markus Jooste, the opposition politician blamed a smear campaign by individuals on the issue. This is dirty money as well. Maimane is leading a charge to force President Cyril Ramaphosa to account for an amount of R500,000 allegedly donated to his CR17 campaign by the late Bosasa CEO, Gavin Watson. The Financial Intelligence Centre has since found that no money laundering occurred in the donation, contrary to a finding by Public Protector Busisiwe Mkhwebane, who asked for a probe´.

    DA was paid Former DA Federal Chairperson Athol Trollip admitted that the party received donations from corruption tainted company Steinhoff. When questioned regarding the donation, the DA spokesperson Solly Malatsi stated that as per the party’s policy it was not willing to disclose its donors.

    The Boards paid Gil Marcus : THE Public Service Commercial Union (PSCU) said on Wednesday that it was seeking legal advice on whether former assistant commissioner at the Public Investment Corporation (PIC) Commission of Inquiry, Gill Marcus, had committed a crime by failing to disclose her alleged relationship with Steinhoff while adjudicating at the commission. The PSCU also welcomed the court ruling that compelled Public Enterprises Minister Pravin Gordhan to provide the confidential documents on the sale of a 51% stake in SAA. Marcus is the non-executive director of the Knysna Initiative for Learning and Teaching (Kilt), a non-profit organisation (NPO) that received donations from the Steinhoff Group. Its annual report showed that between January and December 2019, Kilt had a budget of R24.7 million and Steinhoff had donated R10.9m to the NPO during the 12 months ended February 28, 2018. The report noted that the NPO had become dependent on Steinhoff, and there was uncertainty whether the group would continue donating to the NPO given its financial difficulties, even though Steinhoff had committed to continue its funding. This is dirty money.

    Hawks dirty money: The National Prosecuting Authority has defended the donation made by Steinhoff to investigators to probe its collapse a few years ago.This followed reports that retail giant Steinhoff had given the Hawks R30 million to probe fraud and corruption at the company. If the money is classified as an investment for Steinhoff into its core business then it must be, in accounting terms, intending to make a business return on the R30m funnelled to the state via PwC. In other words, the R30m is plainly then, in this scenario, intended to help the company increase its profitability.

    This is not about a selfless pursuit of justice at the expense of the company’s profitability. It is about fraudulently inducing a willingly naïve South African state effectively into a business arrangement with the controversial juristic entity called Steinhoff. Theo de Klerk, chief financial officer of Steinhoff. Without irony, Steinhoff has fraudulent intentions on naked display, even at the point where an incapacitated South African state is unable to see the company’s leadership as being continuous with those under Markus Jooste’s helm.

    A source at the internet: ´It is mind-boggling that neither the Hawks nor the National Prosecuting Authority can see the intentions of Steinhoff for what they are. Frankly, it is hard to believe that Steinhoff has anything other than a de facto intention to induce the government into a fraudulent transaction: “Here’s the deal, Hawks and NPA. We make a little slush fund available. We pretend to have Chinese walls in place by asking our business friend, PwC, to mock the public and pretend they do not speak to us but only to you´.

    ´De Klerk, for example, is basically Jooste 2, having worked with him as his understudy, really, and a kind of personal assistant to him. Steinhoff now is Steinhoff from yesterday. The current board and leadership do not care for a genuine new start. They were around during Jooste’s days and are implicated in the historic fraud. They are taking away immoral amounts of bonus payments and laughing at the South African government for not knowing who they truly are´.

    Hopefully we can dig further and further :
    DO NOT LET THEM GO !
    Together for justice!

    Happy Easter, stay tuned at my linkedIn

    Reply

  2. Hello to the Steinhoff victims from the Netherlands!

    First of all, many thanks for the renewed attention to this case Steinhoff, now IBEX Holding.
    Secundly, it´s important to investigate the criminal Board of Directors and Supervisory Board AFTER the first fraud,after December 2017. It´s a pity that the so called ´new´ Board is extremely successful to hide their misleading and wrongdoings to the private investors between December 2022 and June 2023. I hope for the new and older victims that we can dig further and in the end, hopefully we see some justice. I do my best for years now and also on the LinkedIn social network together with others. Do not let them go away with it!

    Why? It´s not only Markus Jooste and the Board before 2018. The unlawful transactions before the end of 2017 were just the beginning of an evil plan through this criminal network of which we can see now clearly with this so called new Board and new organization: IBEX Holding BV with the Board members and their connection to the GUPTA scandal, the connections to the Alfa Group, Mikhail Fridman and Peter Aven and other Russian oligarchs.

    They are all involved with corruption, fraud, money laundering, tax fraud, human rights violations and State capture Transnet and the PIC. Their lawyers Linklaters (like Paul Kuipers and Daniella Strik) and Loyens & Loeff (Joris Dunki Jacobs and Vincent Vroom) are deeply connected with the now sanctioned Alfa Group for years. Pepkor Directors are also boardmember at ABACUS, the vehicle described in the Panama papers, linked to Peter Aven and Mikhail Fridman.

    All Board members are the hidden owners of multiple shell companies.
    In this network there is no sense of morality or ethics. Who are they? The Boards of Directors:
    CEO Mr. Louis du Preez since December 2017 involved with the company.
    CFO Mr. Theodore de Klerk, since 2003 (!!) Mr. de Klerk was witness and involved with the first fraud between 2004 and 2017 and responsible for the second betrayal in 2022 and 2023.

    Supervisory Board: Mrs Moira Moses, Mr. Peter Wakkie, Mrs. Alexandra Watson, Mr.David Pauker, Mr.Paul Copley and Mr. Hugo Nelson.
    This company is, since 2019, actually controlled by hedgefunds like Silver Point Luxembourg Platform S.a.r.l., Affix Holdings L.L.C., Baupost Group Securities L.L.C., Sculptor Investments IV S.â.r.l., Retail Credit Holdings SV S.a.r.l., Burlington Loan Management DAC en PIMCO Strategie Income Fund. 4 of the 7 Hedge funds above are involved with fraud and other complex fraudulent behavior and dirty money schemes.

    They have been trying to shift attention to the ´old regime´ led by Jooste for years, but if you are carefully observing, their actions are in fact significantly more worse than the corruption committed by Jooste. This is because the new Board has caused private shareholders for the 2nd time lost 98% of their money between 2022 and the delisting in June 2023.

    This group of IBEX Directors ruined the lives of innocent people, particular private German, Dutch and South African shareholders between 2022 and 2023. They lost their savings and pensions, their homes and there are also some reported suicides.
    Without any compensation, no justice.

    Louis du Preez is JOOSTE 2 and the mastermind of the organized crime network along with the rest of the post-2017 Boards. He robbed the private investors along with the hedge funds in collusion of their savings and pension money on 15 December 2022 and then, by expropriating them, transferring their shares to the corrupt hedge fund that had actual power in Steinhoff.

    Moira Moses is responsible for the state capture Transnet, and the PIC , she was as a Director in charge. Read: Zondo exposed: What the Commission did not want SA to know : ´The damning contents may explain why Iqbal Sharma, widely regarded as a Gupta lieutenant, never appeared before the state capture commission of inquiry. No findings were made against him either. The commission’s lead investigator had received the almost 1000-page affidavit with concrete evidence attached. However, none of the Zondo commission reports covered the document´´.´The document implicates President Cyril Ramaphosa, Thuli Madonsela, Maria Ramos and Transnet board members from 2006/7, Trevor Manuel, Pravin Gordhan, Gill Marcus, Moira Moses, Mafika Mkhwanazi, the late Don Mkhwanazi and SA Shipyards, Doris Tshepe, Brian Joffe and the 2006/7 Bidvest board, Sybrand Pretorious, Pradeep Maharaj, and Chris Wells.

    Pepkor´s CEO Pieter Erasmus is convicted for tax fraud. Pepkor´s ABACUS is used by Peter Aven for money laundering and cash-shifting.

    Supervisory Board member, Mr. Peter Wakkie is the in the media so called ´Right hand of Fridman´ because of his connection with the Highland Marine Foundation -Zed+ and the Letter One investment vehicle owners Mikhail Fridman and Peter Aven.
    He is now working at CENTRIC as CEO. He and the rest of the Boards, is also responsible hiding the full PwC Report, witholding important information to the market and investors and facilitating massive insider trading, market abuse and hidden collusion with the hedgefonds from 2019. Conflicts of interest: One observer in the WHOA procedure is his colleague at Centric, mr Willem Meijer, so he let his colleague examine his own work at Steinhoff!

    Mrs. Alexandra Watson is responsible for Tax fraud due to her Directorship at Coronation and human rights violation due to her directorship with Petra Diamonds. Conflicts of interest: she gave together with the Boards an order to EY for a ´fairness Opinion´ in january 2023, but she is working at EY, so she gave this order to herself! EY is deeply involved in various fraud scandals. In September 2023 Alexandra Watson gave the ABSA Bank, her own bank indeed, an Award for excellent integrated Reporting! How is this possible for an Accounting Professor?

    The company´s bank is ABSA, which is the fraudulence bank and used for money laundering and accused by rabbi Warren Goldstein for funding Hamas. PwC is payed for: 30 mil. They are not objective or neutral, because PwC is the company auditor Pepkor for years. Werksmans who intervened with the PwC investigation, is the former law firm where du Preez was a Partner and PwC is a key client of Werksmans, Silver point is a key client too.

    FTI, the company that helped to produce the 15 December 2022 Plan of expropriation, is convicted of fraud: a federal grand jury has indicted four people, including two from Maryland, in connection with a scheme to steal more than $1 million from global security consulting firm FTI Consulting Inc. IBEX Holding is well known for its numerous ongoing legal-,fraud and tax scandals and shareholder hostility.

    The Board of Directors of IBEX Holding and its creditors, inflicted massive damage to the incumbent shareholders on 2 occasions, the first time in the period up to and including December 2017 and again from 2018 until the delisting of the legal predecessor (Steinhoff International) on the 13th of October 2023.

    Formerly known as Steinhoff International, the company became infamous for the first financial scandal. Steinhoff executives faced scrutiny after a comprehensive 15,000-page report by PricewaterhouseCoopers exposed their questionable affairs, including the new Board after December 2017.

    Mr. Theodore de Klerk is working for the company in several Director jobs like CFO and Managing Director The warning signs were there, but Steinhoff failed to self-correct. Like a plane with a stuck compass, it continued down a treacherous path, ultimately crashing due to a lack of ethical substance.
    According multiple sources at the internet IBEX involves factually proven and alleged tax fraud, market abuse, extreme shorting and downward profit maximization, disrupting an orderly judicial process, refusing to execute legal decisions (such as the publication of the full PwC Report into the fraud and the judgement Bozalek about the CPU Creditors), deception, misleading shareholders,violation of corporate governance rules, like multiple conflict of interest , as is painfully and once again obvious in the current case with the actions of Ms. Watson,withholding information, tax abuse, asset stripping and alleged methods a la Fridman, Reiderstvo mentioned.

    Note: we have to rely on public available information, IBEX HOLDING is a blackbox.

    Totally remarkably: THE COMPLETE SILENCE.

    No one seems to care, the Dutch authorities like the Enterprise Chamber Amsterdam, the Public Prosecutor's Office, AFM and BaFIN are warned several times about the fraud, the market abuse, the insider trading and the corruption, they are well informed, deeply involved with this case but unfortunately the refuse to intervene and do everything they can to put this crime under the carpet. That´s why we can call this the new Dutch Wirecard Scandal:

    ´HOMOLOGATIE´ THROUGH THE THE DUTCH WHOA On 21 June 2023, amidst ongoing forensic investigations into fraud by PwC and others, tax abuse, money laundering issues with their bank Absa and SARB´s frozen assets, this company received court approval from the Amsterdam District Court without any trouble. The judges A.E. De Vos, F.Damsteegt and P.J.Neijt endorsed their so-called “restructuring plan,” which essentially amounted to the outright expropriation of private shareholders without any compensation, irreparable destroying many lives of innocent human beings.

    The corruption in the Netherlands is extreme and also part of the parliament investigations (de ´Toeslagen Affaire´) but this kind of organized crime is not effectively handled.
    This situation has led to an existential legal crisis in the Netherlands.

    Success with the digging
    Stay tuned guys!

    Reply

  23. The truth will always prevail. Now he is dead. Not one sent of all the milions bought him one minute by.
    For those who steel….. You came into this world empty-handed, and you will go into the grave empty-handed. So what is the point of steeling.

    Reply