Alec Hogg and Tekkie Town's Bernard Mostert discuss the latest development in the STEINHOFF saga
Автор: BizNewsTv
Загружено: 2021-10-28
Просмотров: 2826
The Western Cape High Court has granted retailer Steinhoff leave to appeal to the Supreme Court of Appeal (SCA) in the liquidation bid it is facing. Bernard Mostert and Braam van Huyssteen applied to the high court to have Steinhoff liquidated after they sold their firm Tekkie Town for R1.8bn in Steinhoff shares that collapsed in value in the wake of accounting fraud. This decision by the Western Cape High Court puts their winding up bid against Steinhoff on hold while the SCA deals with the question of whether a South African court has jurisdiction to hear the case. Bernard Mostert joined BizNews founder Alec Hogg to discuss the implications of this latest development in the country's most prolific corporate scandal.
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