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And we feel that you're not fully appreciating
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Steinheist

And we feel that you'renot fully appreciating the gravity ofwhat's at issue here

And we feel that you're
not fully appreciating the gravity of
what's at issue here

Full Transcript

00:00:01.000 --> 00:00:04.439
And we feel that you're not fully appreciating
00:00:04.044 --> 00:00:06.679
the gravity of what's at issue here.
Duration
7 seconds
Views
28
Timestamp in Movie
00:17:03
Uploaded
Apr 29, 2025
Season
1
Episode
3
Genres
documentary, crime
Production
IdeaCandy

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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...
S01 • E01 Part of the business was you would take goods from East Germany, back then, - Steinheist 00:13
Part of the business was you would take goods from East Germ...
S01 • E03 Heather and I were the punching bags. - Steinheist 00:10
Heather and I were the punching bags.
S01 • E02 And I guess he was also in a time in his life - Steinheist 00:08
And I guess he was also in a time in his life
S01 • E02 From a business point of view, it gives you a lot of social cachet, - Steinheist 00:13
From a business point of view, it gives you a lot of social ...
S01 • E01 I went always there in that direction in Europe where nobody wants to go. - Steinheist 00:06
I went always there in that direction in Europe where nobody...
S01 • E03 It got quite personal at times, - Steinheist 00:08
It got quite personal at times,
S01 • E01 The wholesale, manufacturing and logistics business - Steinheist 00:25
The wholesale, manufacturing and logistics business
S01 • E02 People who had lots of money and lots of racehorses, - Steinheist 00:14
People who had lots of money and lots of racehorses,
S01 • E03 It's stuff that got said in affidavits and in court. - Steinheist 00:06
It's stuff that got said in affidavits and in court.
S01 • E03 Now, we all know that's part of the game, - Steinheist 00:10
Now, we all know that's part of the game,
S01 • E03 The immediate task was just to try and stabilize everything. - Steinheist 00:04
The immediate task was just to try and stabilize everything.
S01 • E02 I mean, if we look at a personality type - Steinheist 00:12
I mean, if we look at a personality type
S01 • E03 And no shareholder is going to be prepared to keep their shares - Steinheist 00:10
And no shareholder is going to be prepared to keep their sha...
S01 • E01 I was then later in China, I bought furniture in China. - Steinheist 00:04
I was then later in China, I bought furniture in China.
S01 • E01 I was looking to increase the business, - Steinheist 00:15
I was looking to increase the business,
S01 • E03 And here embarks the process to try and get new financials in place. - Steinheist 00:07
And here embarks the process to try and get new financials i...
S01 • E02 Risk-taking is a big part of that. So physiologically, - Steinheist 00:16
Risk-taking is a big part of that. So physiologically,
S01 • E03 That was part of the reason - Steinheist 00:09
That was part of the reason
S01 • E01 So from there, what happened is he met this businessman called Claas Daun. - Steinheist 00:11
So from there, what happened is he met this businessman call...
S01 • E03 I and the management team have weekly contact with PWC. - Steinheist 00:06
I and the management team have weekly contact with PWC.