Everybody: thanks fur die Blume! Most important: VOTE VOTE! And 'like' the SdK video: the more exposure the better it is.
BW20: very happy to hear you have the confirmation!
This letter is send to almost 90 email adresses , including de Rechtbank Amsterdam en Rotterdam, Ministerie van Financien, Min. EZ, de EU , de accountantskamer, de NBA, Government ZA, etc.etc.
Received already a confirmation from de Rechtbank Rotterdam.
Subject:
Steinhoff International: how do we ensure as much fuss, dishonesty and carelessness as possible in the WHOA procedure?
'Dear all,
Learn lessons from the Steinhoff Management: how do we ensure as much unrest, fuss, dishonesty and carelessness as possible in the WHOA procedure?
The mess that Steinhoff managed to make of the voting process for the WHOA procedure, is truly without any precedent:
https://www.ariva.de/forum/steinhoff-reinkarnation-582688?page=312In fact, a process-wise correct and fair voting procedure is not possible anymore.
Hopefully the observers Mr. Verhoeven and Mr. Meijer, will intervene before it's too late!
Stay tuned.
Kind regards,
J. Peer'
https://www.youtube.com/watch?v=BWRQPKK2WEQ&t=700s'Steinhoff shareholders are staring down the barrel after the company’s management is approaching the Dutch courts to force through a decision voted down at the annual general meeting. But all is not yet lost, says German Shareholder Association lawyer Dr Marc Liebscher, whose organisation is fighting for Steinhoff’s small shareholders. He is urging them to once again vote against the management proposal - and says this will ensure they capture the R30bn (€1.5bn) that they own in the business, in his opinion the true net asset value of the company. The WHOA vote closes on May 24, and should the majority of shareholders go against the management’s proposal, Liebscher says his organisation will give its Wall Street-commissioned research to help the Dutch judge rule in shareholders’ favour. Liebscher also spoke to Alec Hogg of BizNews about former CEO Markus Jooste’s no-show in the German Court a month ago.'
https://www.frc.org.uk/getattachment/...79cf8f/FRC-Mazars-LLP-Public- Report_July-2022.pdf
https://www.frc.org.uk/news/october-2022/...he-audit-of-studio-retailhttps://www.frc.org.uk/auditors/...ctions-against-mazars-january-2022'Sanctions against Mazars - January 2022
'Pursuant to the Auditor Regulatory Sanctions Procedure, and following an inspection by the Financial Reporting Council (FRC)’s Audit Quality Review (AQR) team, the FRC’s Enforcement Committee (the Committee) determined on 22 October 2021 that Mazars LLP had failed to comply with the Regulatory Framework for Auditing in its audit of a local government authority’s 2019 financial statements. The most significant failing was in respect of the PPE valuation, where there was insufficient and undocumented challenge of the accounting treatment for refurbishment costs in the valuation of the authority’s dwellings which could indicate a material overvaluation. Other areas of concern included the first-year independence, group oversight and quality control. The Committee considered that it is necessary to impose a Sanction to ensure that Mazar’s Local Audit Functions are undertaken, supervised and managed effectively. The Sanction proposed by the Committee, and accepted by Mazars LLP, was a Regulatory Penalty of £314,000 adjusted by a discount of 20% for co-operation and admissions to £250,000. In addition, the Committee accepted written Undertakings given by Mazars. The FRC’s AQR will monitor compliance with the Undertakings and report to the FRC’s Supervision Committee and the relevant RSB as appropriate'.
https://www.steinhoffinternational.com/downloads/...eral%2520FAQs.pdf