Markus Jooste, the former head of the Steinhoff retail group that was at the centre of a huge corporate fraud case in South Africa, has died.
Police said Jooste succumbed to a gunshot wound in hospital, with local media reporting he shot himself at his home in the southern town of Hermanus.
It came a day after the 63-year-old was ordered to pay a $25m (£20m) fine.
The country’s financial regulator said Jooste had played a role in the publishing of misleading financial statements about Steinhoff International Holdings.
The retailer has suffered heavy losses, as have investors in South African pension funds, since an accounting scandal broke in 2017.

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This is to Accolade African news updates I am soy beefer jackd maras just stayed the former head of the stin half Retail Group that was at the center of a huge coroporate fraud case in South Africa has died police said justce succumbed to a gunshot with wind Hospital its local

Media reporting he shot himself at his home in the southern town of hos it came a day after the 63y old was ordered to pay a $25 million that is2 million e fine the country’s Financial regulator said just they had played a role in the publishing of formless leading financial statements

About 10 Half International Holdings the retailer has suffered heavy losses as have investors in South African Pension funds since an accounting Scandal broke in 2017 juste had resigned as CEO but denied any knowledge of accounting fraud prior to that the businessman had acquired billions of dollar worth of high streets retailers across Europe

Including the UK based pound land he had also been fined for insider trading in 2020 a Rwanda born man has been arrested in Ohio on charges of hiding his involvement in the 1994 reanda General sign Federal prosecutors accused Eric tabaru in shimia of concealing his involvement in the mass mothers including personal hacking people to that inim has lived in Ohio since 1995 after fraudulently gaining Refugee

Status in the US prosecutor say he has previously denied participating in the genocide he is due to appear in federal court in Boston at a later date inim testified at the 2019 trial of jene lunard T who was convicted as a genocide prary prosecutors accuse him of lying on

The oath in order to conceal his involvement in the killings he is alleged to have personally participated in killing of ethnic fois by hitting them on the head with a nail sted club and then hacking them to death with a machete according to court filings he left Rwanda in mid 1994 the following

Year he traveled to Kenya where he is accused of flying to the US immigration officials in order to enter the US he faces charges of falsifying concealing and and covering up a material facts obstruction of justice and prery David Johnson a defense lawyer for isim did not immediately answer a telephone call

Request and comments the Rwanda genocide saw about 800,000 people slaughtered in Rwanda by ethnic utu extremists over just 100 days in 1994 so-called genosa Diaries targeted members of the minority to see Community as well as their political opponents irrespective of their ethnic origin Islamist militants in Ni have killed at least 23 soldiers and injured 17 others during an attack in the northwest of the country the defense Ministry says more than 100 Amed men on motorbikes used improvise explosive devices and suicide bombs to Ambush the military unit as it was making its way back from an

Operation in the Silber region the ministry said 30 of the attackers were Following last year CP in nij the country’s military rulers severed ties with its Western allies French forces who have been leading an international fight against jihadists were forced to leave last weekend the authorities said that they were canceling an agreement

Following US troops to be based in Ni tanzania’s vice president Philip Pango has threatened to resign over a prolonged water shot stage affecting residents from the norn Wanga District Mr Pango onday accused contractors working on a major project aimed at supplying water in the region of taking too long time to complete it the project worth over $100,000 that is

$79,000 was started close to 20 years ago according to Mango if this project will not be providing water to the locals by June I will step down I don’t know what will be the fate of the local administrator and his Juniors if I design Pango said I cannot come here

Again and tell citizens to wait further for this water water is life he added according to government officials and companying Pango to Wanga on to Wanga the project is nearly 90% complete that is the size of top accolate African news update you can follow us on our social media platforms

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