BLF Initiates Police case on Steinhoff

The corrupt act at Steinhoff has left the whole nation into a shock stage and whilst the silence of major business authorities is point to be discussed, many investigative agencies have started their legal proceedings against the controversial firm. Adding on to the same, Black First Land First (BLF) has initiated a case of corruption, fraud and money laundering against Steinhoff on Tuesday, 12 December 2017. They have specifically named former Chief Executive Officer (CEO) Markus Jooste and the entire Board of Directors of Steinhoff, including the six chartered accountants who sit on the same board. The case was initially opened at the Hilbrow Police Station but then BLF has been advised by the police this morning that the case was subsequently transferred to the Stellenbosch Police Station and registered accordingly. BLF has published a report on the same regards on their website which goes as follows:

Steinhoff vs BLF

“Black First Land First (BLF) has on Tuesday, 12 December 2017, opened a case of corruption, fraud and money laundering against Steinhoff. The case specifically targets the former Chief Executive Officer (CEO) Markus Jooste and the entire Board of Directors of Steinhoff including the six chartered accountants who sit on the same board. The case was opened at the Hilbrow Police Station under the reference “CAS 378/12/2017”. BLF has been advised by the police this morning that the case was subsequently transferred to the Stellenbosch Police Station and registered under the reference “CAS 347/12/2017”

BLF wishes to thank the police for showing this level of efficiency in speedily transferring the case near the headquarters of Steinhoff – which is based in Stellenbosch – where the crimes that has cost the nation over R17 billion were hatched.

BLF will be monitoring the progress of the case to ensure speedy prosecution of the culprits. We reiterate that the biggest corruption in South Africa is committed by white monopoly capital which the white media always covers up.

R17 billion is not small change. Furthermore, those who parceled out public funds to white monopoly capital, such as Pravin Gordhan and Mcebisi Jonas, must account for this grand corruption. BLF believes that evidence will show that Markus Jooste and Steinhoff ran the biggest corruption scheme in 2017. We will leave no stone unturned in the fight to end the corruption of white monopoly capital.”

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