https://www.youtube.com/watch?v=J4Mcypckr74 Finance Standing Committee 28 March 2018 Chairperson: Mr Y Carrim (ANC), Ms J Fubbs (ANC), Mr T Godi (APC) Share this page: Meeting Summary
The Standing Committee on Finance; the Standing Committee on Public Accounts; the Portfolio Committee on Public Administration and the Portfolio Committee on Trade and Industry held a second briefing on the Steinhoff matter. Steinhoff legal representatives from Werkmans Attorneys; PricewaterhouseCoopers; the Companies and Intellectual Property Commission (CIPC); the Johannesburg Stock Exchange (JSE); the Financial Services Board (FSB); the Independent Regulatory Board for Auditors (IRBA); and the Directorate for Priority Crime Investigation (Hawks) were in attendance and gave feedback.
Steinhoff’s legal representation said the company wished it to be known that it was unusual to send forensic auditors and its attorney to Parliament- it would prefer to speak for itself.
However, Steinhoff executives could not attend as they were attending a conference of the global group in the UK where the future structure and strategy of the company was being determined.
Why ohw Wy the public may not read the full PWC Report?
'All of Steinhoff's top management interviewed by PwC except Jooste'.
'Former Steinhoff CEO Markus Jooste has not been interviewed by audit firm PwC. The firm is conducting an internal investigation into Steinhoff'. (HOW IS THIS POSSIBLE??)
LdP and de Klerk just wanted a BONUS! (A BONUS WHILE SHAREHOLDERS LOST ALL THE MONEY!)
'MPs want bonuses for Steinhoff execs to be put on hold MPs raised concerns about the proposed bonuses to be paid to Steinhoff executives, while the retail group is caught within a scandal. Chair of the portfolio committee on trade and industry and ANC MP Joanmariae Fubbs asked that the bonus payouts be placed on hold.
Steinhoff's attorney, Robert Driman said that the notice of the AGM, to be held on April 20, includes information on remuneration proposed for executives. The decision to approve the proposals depends on the shareholders, Driman said.
Fin24 previously reported that a payout of R2.92m is proposed for three senior board members.
The ‘Financial Mail’ reported on Friday that Steinhoff had agreed to give investigators from the Hawks and NPA R30 million to finance a forensic probe into the immense fraud at the company. “It is the most embarrassing and pathetic representation of the weakness of law agencies in this country, and reveals a deeper capture of our state agencies by white monopoly capital,” the party’s national spokesperson Vuyani Pambo said in a statement.
The EFF has long held the view that the regime of Cyril Ramaphosa has brought an increased arrogance by the white corporate sector in terms of how it operates and conducts itself. For Steinhoff to have the audacity to fund an investigation into itself is a mockery of our entire democracy, and simply means that a farce of a probe has been set in place, as no agency will find a guilty verdict against those who fund them.”
The Red Berets also claimed that this confirmed that the “establishment has bought and captured” the State by having the ability to determine outcomes of legal processes through funding them.'
Was uns zusteht, Nur durch Recht sprechung, Und einen strengen durchhalte Vermögen!. Hedgefonds werden uns nur nach rechtliche durchsetzen was anbieten müssen!.
Ms100Prozent
: also, ich finde es ist zu empfehlen
"Hi, ist es empfehlenswert weitere Aktien von Steinhoff zu kaufen und somit vom Markt zu nehmen, um ggfs. bei einer aoHV die faktische/absolute Aktienmehrheit von Steinhoff zu repräsentieren um Vorstand und Aufsichtsrat zu entlassen und durch eigene Experten zu ersetzen? Dazu muss sich die SDK natürlich zuallererst äussern, dass man eine aoHV kurzfristig beantragen wird. Thx Wolf"
...damit eine stimmrechtmehrheit gesichert ist und wir vv und ar vor die tuer setzen koennen!
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