Stephanus Johannes Stehan Grobler (former director, Steinhoff International Holdings)
Administrative penalty imposed. FSCA, 2 March 2026.
The facts
The FSCA concluded its investigation into Stephanus Johannes Grobler, who served as Company Secretary, Head of Treasury and in-house legal counsel of the Steinhoff group and as a director of several Steinhoff subsidiaries, in relation to Steinhoff International Holdings N.V.'s financial statements for the 2014, 2015 and 2016 financial years and the 2017 half year. The statements were found to be false, misleading or deceptive in respect of material facts, contravening the Financial Markets Act's prohibition on making or publishing false, misleading or deceptive statements.
Orders and outcome
An administrative penalty of R358 750 000 was imposed on Mr Grobler. Dated 2 March 2026.
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