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This is the view of EFF leader Julius Malema who was canvassing the support of business professionals on Friday night at the party's consultative process at the Forum in Bryanston, Johannesburg. He said that the EFF was afraid of being labelled “corrupt” had it continued to defend the bank's continued operation.
The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as the biggest corporate scandal in South African history. The company's history, and its subsequent evolution and demise, are skillfully told in a new book Steinhoff: Inside SA's Biggest Corporate Crash, by former journalist James-Brent Styan.
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