Steinhoff on the brink: a timeline of collapse

[BusinessTech]

Steinhoff on the brink: a timeline of collapse

It was a tense weekend for Christo Wiese, the chairman of Steinhoff International Holdings. Hunkered down at his holiday home in the harbor town of Yzerfontein, near Cape Town, he was barely off his phone.

 

[Gordon_R]

AFAIK this story reads like an extract from a book. Nothing new, though somewhat dramatised.

See: https://www.news24.com/Books/book-extract-steinhoff-the-bombshell-hits-20180723

Steinhoff: Inside SA’s Biggest Corporate Crash (Lapa Publishers), by James Brent-Styan

 

[6spdmanual]

Are these guys gonna get away with it?