The Daily Telegraph

Steinhoff directors get extra pay after scandal

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Steinhoff expects to hand directors one-off cash sums, citing the “exceptiona­l demands” placed on them during the period since financial irregulari­ties were discovered in its accounts, and for “additional work”. The head of Steinhoff ’s audit and risk committee, Steve Booysen, and two of the supervisor­y board’s independen­t committee, Heather Sonn and Johan van Zyl, are being handed payments of between €100,000 and €200,000. It comes almost four months after shares in the group plunged after the irregulari­ties were disclosed.

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