#Steinhoff scandal: Your views | Fin24

[ad_1]

Cape Town – On Tuesday evening news broke that Steinhoff International’s CEO Markus Jooste had abruptly resigned, and the firm had launched an internal probe into unspecified “accounting irregularities”. 

The Amsterdam-registered global retailer subsequently lost over 80% of its market capitalisation, wiping over R100bn off the JSE. 

We asked users on Facebook what they think of the developments. Here what you said:

Luzuko Chiya said he doubts that Steinhoff will recover 

Read all Fin24’s Steinhoff stories here:

Then go over to our Facebook page to add you views and vote in our Twitter poll. 

* Sign up to Fin24’s top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

Read Original Article