Dutch regulators to probe Deloitte over Steinhoff debacle

The Dutch Authority for the Financial Markets (AFM) was investigating auditing firm Deloitte over the alleged accounting irregularities that led to the share price of South African multinational retailer Steinhoff collapsing, it emerged on Friday. David Maynier, an MP from opposition party, Democratic Alliance, said in a statement that he had received word that the AFM was investigating after requesting three regulatory bodies in Germany, Netherlands and South Africa to investigate.