MPs give Steinhoff's Jooste ultimatum


File: Steinhoff CEO Markus Jooste is under investigation for corruption.

CAPE TOWN - Parliament on Wednesday threatened to subpoena former Steinhoff CEO Markus Jooste and former chief financial officer Ben la Grange if they fail to appear before MPs within 10 days. 

MPs are being updates on the Steinhoff investigations on Wednesday, with the Hawks, the JSE and the Financial Services Board expected to make presentations.

On Tuesday, Parliament released a letter from former Steinhoff boss Markus Jooste’s lawyers, informing them that Jooste would not be attending Wednesday’s proceedings.

READ: Parliament committees to decide whether to subpoena Markus Jooste

According to the letter, appearing before the committees would undermine Jooste&39;s right to a fair trial.

Jooste is under criminal investigation by the Hawks.