Markus Jooste's story ended today with the 63 year old's suicide at his Hermanus home. Jooste, whose actions cost shareholders and bankers hundreds of billions of rand, was fully unmasked by an FSCA report outlining details of SA's biggest ever fraud:
Correction to my previous post - Markus Jooste shot himself Thursday around 4pm on a coastal path over the road from the Hermanus Golf Club; not at home. He had agreed to hand himself over to the Hawks on Friday morning but obviously changed his mind. Full update on…
@alechogg
Along with a chunk of my late mother’s money.
He will not be missed.
Neither will I ever forgive his enablers including the people at Investec bank
@Investec
who pushed the share purchases at the time, just days from the collapse of the steinhof company
@alechogg
He choose the easy way out, instead of facing he rest of is miserable life in jail. He ruined many many people’s life. The Board of Directors should also be investigated, they are as responsible to the collapse of Steinhof as Jooste is.