Markus Jooste, the former CEO of Steinhoff International and former Poundland boss, was found dead from a gunshot wound in South Africa, amid a shocking development related to the country's biggest corporate scandal. This occurred a day after South Africa's regulator levied a record fine against him. The fine, reported to be more than £20 million, was for his role in the scandal, although another report cited the fine as £17 million. Reports indicate that Jooste shot himself as police attempted to arrest him. Rob Rose, the author of 'Steinheist', expressed surprise at the news, noting that Jooste was expected to fight the case vigorously.
Markus Jooste died a day after he had been ordered to pay a huge fine of more than £20 million https://t.co/AztV92k2RU
Poundland owner's ex-boss found dead of gunshot wound in South Africa, reports say Read more 🔗 https://t.co/1Z5hcZAvCf
Former Poundland boss 'shoots himself dead during arrest' in South Africa a day after he was ordered to pay £17million fine for role in country's biggest corporate scandal https://t.co/UhgrbXl8eh https://t.co/vpVxV9GFTM
Huge story in South Africa: it is reported Markus Jooste shot himself dead as police attempted to arrest him. https://t.co/Dh526SoT38
Shocking development in the Steinhoff case... https://t.co/17bU9w3PdG
Author of 'Steinheist' Rob Rose reacts to news that disgraced former Steinhoff International CEO Markus Jooste shot himself. "I thought he was the guy who would fight this case till the end. I suppose there was a sense that things were closing in on him." https://t.co/h4pn7wqvv1 https://t.co/sjoucvPDW2
South Africa regulator levies record fine for individual against former Steinhoff chief https://t.co/2RPwcgjkDC