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Steinhoff says will have to restate 2015 financial statements

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Beleaguered retailing group Steinhoff International Holdings said on Tuesday its 2015 financial statements, in addition to the 2016 accounts, could no longer be relied upon. In a statement, Steinhoff, which was engulfed by an accounting scandal last month, leading to the resignation of CEO Markus Jooste, said its audited 2017 consolidated financial statements would be accompanied by the restated 2016 statements.

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