Markus Jooste given 10 days to appear before Parliament

File image: Former Steinhoff CEO Markus Jooste. (Photo: INLSA).

File image: Former Steinhoff CEO Markus Jooste. (Photo: INLSA).

Published Mar 28, 2018

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PARLIAMENT - Four parliamentary committees on Wednesday resolved to give former Steinhoff chief executive Markus Jooste and former chief financial officer Ben la Grange ten days to indicate if they'll appear before MPs or face being issued with subpoenas.

Both men failed to appear before Parliament's standing committee on finance, its standing committee on public accounts, its portfolio committee on trade and industry and its portfolio committee on public service and administration.

Jooste, in a letter from his lawyers to Parliament, said his appearance in Parliament could undermine his right to a fair trial.

SCOF chairman Yunus Carrim said the matter might very well end up in court as it involves the question whether a person's right to a fair trial transcends the right of Parliament to call them.

"We should take it to court anyway, then it would provide us some legal clarity," said Carrim.

Also read: Steinhoff execs face MPs

Jooste was supposed to appear before the committees to to explain his role in the Steinhoff accounting scandal.

The accounting scandal crashed the Stellenbosch-based furniture and household goods retailer's share price late last year, leading to billions of rand lost of South African pensioners' monies. Jooste promptly resigned. 

- African News Agency (ANA)

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