Poundland owner's ex-boss found dead of gunshot wound in South Africa, reports say

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Poundland owner's ex-boss found dead of gunshot wound in South Africa, reports say
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Markus Jooste was being investigated by police in connection with accounting fraud at multinational retailer Steinhoff.

The former chief executive of South African multinational retailer Steinhoff was told he would be arrested shortly before he was found fatally injured, police have said. South Africa's Financial Sector Conduct Authority fined Markus Jooste almost £20m on Wednesday for false accounting - the same day a warrant was issued for his arrest. He was expected to hand himself in, along with former colleague Stephanus Grobler, who was also subject to a warrant, and appear in court on Friday.

Jooste played a major part in transforming Steinhoff from a small Johannesburg furniture business into a multinational retailer. But holes in its accounting came to light the same month Jooste left the company, in December 2017.

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