Steinhoff fraud – no arrests yet
WITH R21 billion in public funds squandered in what is said to be South Africa’s biggest corporate fraud, it appears that no one wants to take responsibility and confirm how far the investigations have gone to recoup the funds from Steinhoff or to bring those involved to book.
Despite having taken more than 200 witness statements and the billions the PIC has lost in Steinhoff, law enforcement agencies seem to have lost the appetite to recover the loot.
