The FSCA has imposed an administrative penalty of R1.5 billion on Steinhoff under Section 81 of the FMA 2012. Noting Steinhoff's current financial position; to avoid penalising innocent Steinhoff shareholders further; in recognition of the fraud perpetrated on the Steinhoff Group by former employees and officers of the Company; and in acknowledgement of the co-operation of management to date and Steinhoff's commitment to continue co-operating fully with the FSCA in all future actions taken against any persons allegedly responsible for the wrongdoing, the FSCA has resolved, under Section 173 of the Financial Regulation Act No. 9 of 2017, to remit a portion of the administrative penalty resulting in Steinhoff paying a penalty of R53 million.
Nur meine Sicht der Dinge. Wie in dem Statement der FSCA
Nur meine Sicht der Dinge. Wie in dem Statement der FSCA
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