Confess if you want forgiveness, Wiese tells Jooste
Retail tycoon Christo Wiese drives hard bargain for forgiveness of former CEO over implosion of Steinhoff
10 November 2022 - 18:19
UPDATED 10 November 2022 - 23:00
Retail tycoon Christo Wiese, who took a serious beating on Steinhoff International, will only consider forgiving former CEO Markus Jooste when he admits his wrongdoing in the implosion of the retailer.
Wiese had R59bn invested in Steinhoff, but ended up with a settlement of only R8bn after the Steinhoff share price fell 95% when enormous fraud was admitted by the company in December 2017...
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