"Allegations in relation to commercial crime such a fraud must be referred to the South African Police Service and National Prosecuting Authority," he said. Even though Steinhoff only had a secondary listing on the JSE, the bourse took "robust public enforcement action against Steinhoff Holdings, the late Markus Jooste and Ben la Grange, as it specifically relates to breaches of the Requirements". Jooste has been cited as the kingpin behind the massive fraud, South Africa's largest corporate scandal so far. He apparently killed himself a day before he was set to be arrested, and the Financial Sector Conduct Authority (FSCA) is seeking to secure the more than R400 million fine it imposed on him from his estate. La Grange was Steinhoff 's chief financial officer and was sentenced to five years jail in October last year following his conviction of fraud involving more than R367m stemming from his manipulation of financial statements and failure to report fraudulent activities.