![Markus Jooste (photo: hamishNIVENPhotography)](https://www.sportingpost.co.za/wp-content/uploads/2018/04/Marcus-Jooste-hamishNIVENPhotography_NP_0705.jpg)
Markus Jooste (photo: hamishNIVENPhotography)
News24 has reported that former Steinhoff CEO Markus Jooste has died.
Jooste played a role in the South African Horseracing Industry as a leading owner and breeder prior to the collapse of his business empire in December 2017.
The news comes a day after the Financial Sector Conduct Authority fined him R475 Million for publishing deceptive statements about Steinhoff International’s financial position over a period of some years.
Further reports to follow.