PREMIUM: Magda Wierzycka: How I quickly saw through “corporate ponzi” Steinhoff

In this fascinating interview Magda Wierzycka pulls no punches on the Steinhoff scandal, claiming that it is little more than a "corporate ponzi" scheme driven by greed and collusion.
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LONDON — This powerful interview is sure to add many more to the army of those who support financial services firebrand Magda Wierzycka. A qualified actuary, she enjoys the freedom that self-employment brings. And in this fascinating interview she pulls no punches on the Steinhoff scandal, claiming that it is little more than a "corporate ponzi" scheme driven by greed and collusion. The biggest lesson for the investment community, she says is to open its collective mind to minority reports. Had they done so, the disaster might well have been averted. Invest half an hour listening to this cracking interview. It helps us to understand what went down at Steinhoff – and why most were fooled into first fuelling and then being hurt by South Africa's biggest ever corporate scandal. – Alec Hogg

It's a warm welcome now to Magda Wierzycka who yesterday wrote an explosive article that we published on BizNews. Magda, you unpacked the Steinhoff issue. You certainly gave my thought processes a jolt. Where does all of this insight come from?

___STEADY_PAYWALL___

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