How not to talk about corruption in South Africa
▻http://africasacountry.com/2017/12/how-not-to-talk-about-corruption-in-south-africa
On Tuesday, 5 December, global retail group, Steinhoff International, headquartered in South Africa, announced the resignation of its CEO, Markus Jooste. A white South African, Jooste, resigned in connection with a German accounting fraud investigation, involving significant overstatements on revenue and assets. One asset manager noted of Steinhoff that it was “as close to a corporate-structured ponzi scheme as…