Ex-Steinhoff boss Markus Jooste to go on trial in Germany in April | News24

27 Jan

Jan Cronje

0:00

Former Steinhoff CEO Markus Jooste.

Brenton Geach/Gallo Images/Getty Images

German authorities have announced that the trial of former Steinhoff CEO Markus Jooste will start on 18 April.

A court in the northern German town of Oldenburg has provisionally set down 10 days for the court case.

A spokesperson did not say whether Jooste would be attending the case in person or whether he would be extradited. Jooste abruptly resigned as Steinhoff CEO in late 2017 when the first signs of what was to become SA's largest private sector fraud scandal came to light.

German prosecutors charged him and three colleagues with balance sheet fraud in March 2021.

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