Christo Wiese resigns as Steinhoff chairman

Christo Wiese resigns as Steinhoff chairman

Tycoon Christo Wiese has resigned from Steinhoff in the wake of allegations of fraud and accounting irregularities at the international retail giant.

Christo Wiese
AFP

The Steinhoff board says in a statement released on Thursday night, the 76-year-old Wiese and his son, Jacob, have both decided to step down.


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The statement reads as follows: 

Steinhoff Statement
Supplied

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