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. On top of that, a pile of Wiese’s loans, secured by Steinhoff shares, cost Wall Street’s biggest banks billions more, and overnight they transformed him from high society’s A to, well, no list. He resigned as chairman of Steinhoff’s board shortly after the fraud surfaced in early December – now he wants his money back.