Scopa wants Steinhoff execs to appear before Parliament in the new year

The Chairperson for the Standing Committee on Public Accounts, Themba Godi, says the committee will be calling Steinhoff executives to appear before the committee when Parliament resumes in the new year.

The Public Investment Corporation (PIC) and the South African Revenue Service (Sars) will also be called to answer questions in the Steinhoff saga.

Read: Fedusa to meet PIC as Steinhoff crash hits workers pension funds hard

Our take is that Parliament would not be a spectator in a matter of huge proportion for our country. Secondly, we have public funds invested in Steinhoff through the PIC and Unemployment Insurance Fund.

Themba Godi, Chairperson of Scopa

Godi says it is only correct for Parliament to try to understand what happened and remedy the situation.

If Steinhoff executive refuse to appear before the committee, Godi says they will be subpoenad through Parliament's lawyers.

We believe that the Steinhoff executive would actually see this as being in their best interest to come before Parliament and the nation to explain themselves and assure the public that they are not some cowboy capitalists who want to operate outside the law.

Themba Godi, Chairperson of Scopa

To hear more on how Parliament will be dealing with the Steinhoff saga, listen below:


Recommended

by NEWSROOM AI
Read More
EOH fell by 55% (while we were watching Steinhoff). Here’s why…

EOH fell by 55% (while we were watching Steinhoff). Here’s why…

What’s behind the stunning fall of the EOH share price? Bruce Whitfield interviews Traders Corner share trader Garth Mckenzie.

Lessons from the spectacular collapse of Steinhoff (e.g. diversity matters)

Lessons from the spectacular collapse of Steinhoff (e.g. diversity matters)

Bruce Whitfield interviews Gordon Institute of Business Science Dean (and marketing expert) Professor Nicola Kleyn.

Fedusa to meet PIC as Steinhoff crash hits workers pension funds hard

Fedusa to meet PIC as Steinhoff crash hits workers pension funds hard

Public Investment Corporation (PIC) has reportedly lost almost 9% value due to Steinhoff share price tumble last week.

Ramaphosa: Yes I would believe Khwezi was raped

Ramaphosa: Yes I would believe Khwezi was raped

This bombshell admission came as Ramaphosa spoke about the difficulty of a black woman to stand up against abuse.

Words you will hear today: Stein-aster

Words you will hear today: Stein-aster

A combo of Steinhoff and disaster after allegations of financial irregularities saw 62% wiped off the value of Steinhoff.

Dis-Chem Foundation donates R60 000 worth of supplies to local safe house

Dis-Chem Foundation donates R60 000 worth of supplies to local safe house

The Dis-Chem Foundation, in partnership with CapeTalk, has donated R60 000 in goods to Nehemiah Safe House, based in Bothasig.

Popular articles
I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

Some of the women who used these tests shared their heartbreaking stories with Business Insider Online.

Tax payers could go back to filing returns manually if Sars system not fixed

Tax payers could go back to filing returns manually if Sars system not fixed

Marc Sevitz of Tax Tim says it is scary to think the system might collapse and taxpayers will have to file manually.

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

Let your nose decide if docci claims into perfume industry are true

Let your nose decide if docci claims into perfume industry are true

Claims have been made that the perfume industry don't want consumers to know the real cost of making these products.

Woman alleges pastor Omotoso began sexually abusing her at 14

Woman alleges pastor Omotoso began sexually abusing her at 14

Nigerian pastor Timothy Omotoso and his two co-accused face multiple charges, including human trafficking, racketeering and rape.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.