German court still assessing Markus Jooste's likelihood of conviction before main trial starts

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Markus Jooste.
Markus Jooste.
Photo Illustration by Fin24. Photo by Jaco Marais.

Six weeks after German prosecutors charged former Steinhoff CEO Markus Jooste and two former executives with balance sheet fraud, a German court is still engaged in what is known as a Zwischenverfahren where a court independently assesses the likelihood of conviction before the main proceedings begin.

During this process, the court reviews the prosecutor's complaint to decide whether to formally start the trial, known as the Hauptverfahren.

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