And all people working for thegovernment, the state officials, and the pensioners...
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And all people working for the
government, the state officials, and the pensioners are
co-owners of that fund. Steinhoff was one of the
big organizations in which the PIC invested in
order to grow the fund to make sure that the benefits
could be paid to pensioners
government, the state officials, and the pensioners are
co-owners of that fund. Steinhoff was one of the
big organizations in which the PIC invested in
order to grow the fund to make sure that the benefits
could be paid to pensioners
Full Transcript
00:00:01.000 --> 00:00:05.398
And all people working for the
government, the state officials,
00:00:05.399 --> 00:00:09.359
and the pensioners are
co-owners of that fund.
00:00:09.036 --> 00:00:13.084
Steinhoff was one of the
big organizations in which
00:00:14.319 --> 00:00:18.918
the PIC invested in
order to grow the fund
00:00:18.919 --> 00:00:23.479
to make sure that the benefits
could be paid to pensioners.
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Movie Summary
The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
