The top 5 things to know about the PwC report into Steinhoff and the questions that still remain | Fin24
published an 11-page overview of a forensic report by PricewaterhouseCoopers into the company's financials.
Steinhoff has previously said it would not be making the original report public as it contains confidential information. The report, according to Steinhoff, is comprised of 3000 pages and contains some 4000 documents as annexes.
"Other corporate entities have also been identified together with a finding that there was a practice of using similar entity names and changing company names, resulting in confusion between entities," stated the overview. Steinhoff said that, despite the investigation lasting over a year, the legal and beneficial ownership of these groups were, in some cases,"currently unknown to Steinhoff".Steinhoff said that, as a next step, former Steinhoff executives and other non Steinhoff individuals identified in the PwC report will be invited to comment on its findings.
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