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Former Steinhoff CEO Markus Jooste dies by suicide, reports say
![Source: Reuters.](https://biz-file.com/c/2403/731642-700x364.jpg?5)
Jooste, who was instrumental in transforming Steinhoff from a small Johannesburg furniture outfit into a multinational retailer, had been handed a hefty fine for accounting fraud on Wednesday, 20 March 2024.
Police said an inquest case docket had been registered following the death of a 63-year-old man. They did not name the deceased.
"It is alleged that the victim sustained a gunshot wound at around 15:20 (local time) at Kwaaiwater and succumbed to death on his way to hospital," Western Cape police spokesperson colonel Andre Traut said in a statement, referring to a suburb of the coastal town of Hermanus near Cape Town.
Source: Reuters
![](https://biz-file.com/b/2104/2217641.jpg?5)
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