FSB and others fail to respond to finance committee on the scandal surrounding Steinhoff
Note to Editors: A copy of the correspondence between DA Shadow Minister of Finance, David Maynier MP, and the Chairperson of the Standing Committee on Finance, Yunus Carrim, is enclosed [here].
To his credit, the Chairperson of the Standing Committee on Finance, Yunus Carrim, wrote to a number of institutions on 14 December 2017 requesting them to provide information within seven days, or as soon as possible thereafter, on the scandal surrounding “accounting irregularities” at Steinhoff International Holdings N.V.
These institutions included the Financial Services Board, Government Employees Pension Fund, Independent Regulatory Board of Auditors, Johannesburg Stock Exchange, National Treasury, Public Investment Corporation and the South African Reserve Bank.
However, finance committee members have only received three responses, including responses from:
- Bernard Agulhas, the Chief Executive Officer of the Independent Regulatory Board of Auditors, on 14 December 2017;