Steinhoff executive Gerhardus Burger receives a suspended five-year sentence for insider trading in South Africa.

Gerhardus Burger, a former Steinhoff executive, received a suspended five-year sentence after pleading guilty to insider trading in South Africa. He was ordered to forfeit profits from his share sales. His arrest follows that of a 79-year-old suspect, accused of selling shares based on a tip from late CEO Markus Jooste, who faced significant financial penalties before his death. Investigations into the Steinhoff scandal continue, with other former executives planning to plead not guilty.