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Christo Wiese: Insider view on Steinhoff CEO Jooste’s corporate crime of the century
Billionaire retailing entrepreneur Christo Wiese lost more than anyone else in the Steinhoff collapse. As the biggest single shareholder, there’s the matter of almost R60bn that disappeared from his asset base overnight. As precious, for those who operate in his rarified atmosphere, is the damage to his reputation.
DUBLIN – In this fantastic interview, billionaire Christo Wiese opens up to Alec Hogg on his experiences with Markus Jooste and the collapse of Steinhoff. Wiese, who is suing Steinhoff for R59bn that he claims he lost due to misrepresentations, gives a unique insight into the months preceding the Steinhoff collapse. As a board member and major shareholder, Wiese had a front-row seat to the unfolding drama that brought down Jooste and devastated Steinhoff. His story makes for compelling listening. – Felicity Duncan
This is the Rational Perspective, I'm Alec Hogg. Today, Christo Wiese on the Steinhoff crash.
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