Arrest warrant issued for Markus Jooste in Germany

Hanno Labuschagne

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Arrest warrant issued for Markus Jooste in Germany

A German court issued an arrest warrant for Markus Jooste, former chief executive officer of scandal-ridden retailer Steinhoff International Holdings NV, after he failed to show up for trial in the country.

The Regional Court of Oldenburg issued the warrant about two weeks ago, a spokesman for the tribunal said on Wednesday.

[Bloomberg]
 
About time! Although and that said, made a nice 60% profit in the few days after the scandal broke
 
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