SUICIDE VIDEO: Markus Jooste fatally shot himself dead during police arrest over R475M fine

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Information reaching Kossyderrickent has it that Markus Jooste fatally shot himself dead during police arrest over R475M fine.


While details around Jooste’s death remain the subject of a police investigation, it has been reported that Jooste shot himself on Thursday.

Jooste’s death comes following a penalty of R475million imposed by the Financial Sector Conduct Authority (FSCA) after it found that he contributed to the publication of misleading or deceptive financial statements about the company.

The nature of the charges against Jooste were not known at this stage, but a source said they related to alleged crimes committed at Steinhoff.

His death comes a day after he was informed that he had to pay a R475-million administrative penalty to the Financial Sector Conduct Authority (FSCA) on or before Friday, 19 April 2024 – giving him a month to come up with the funds.
The SAPS confirmed they responded after the shooting. Jooste is said to have walked out of his house, stood in front of a neighbour’s home on or close to the beach and shot himself there. Emergency services found him lying partially on the cliff path. It was not immediately clear where Jooste shot himself, or to whom the weapon belonged.

An eyewitness said the incident happened outside his home. Emergency personnel had been called to the scene, attached drips with fluid and carried Jooste with a heavily bandaged head on a stretcher to an ambulance, the witness said. 

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