Steinhoff removes two ex-executives

Steinhoff International suspended former Chief Financial Officer Ben la Grange and ex-director Stehan Grobler in the first action taken against current employees following an accounting scandal.

While both La Grange and Grobler stepped down earlier this year, they remained employed by retailer on shortterm consultancy contracts. Their departures extend culpability beyond ex-Chief Executive Officer Markus Jooste, who quit. – Bloomberg