In a tragic turn of events, Markus Jooste, the former CEO of Steinhoff International, took his own life on Thursday. This occurred just a day after he was slapped with a historic fine in South Africa for his involvement in a corporate fraud that led to the company’s collapse. What Happened: The 63-year-old Jooste was found dead from a self-inflicted gunshot wound near his home in Hermanus, a coastal town in South Africa, reported The Wall Street Journal on Friday. This incident followed the imposition of a record fine on Jooste by South Africa’s Financial Sector Conduct Authority or FSCA for h…
