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And if he doesn't disclose it, he might use his influence
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Steinheist

And if he doesn't discloseit, he might use his influence to inflate the sale price so...

And if he doesn't disclose
it, he might use his influence to inflate the sale price so that
he profits from the transaction

Full Transcript

00:00:01.000 --> 00:00:04.678
And if he doesn't disclose it, he might use his influence
00:00:04.679 --> 00:00:08.199
to inflate the sale price so that he profits from the transaction.
Duration
8 seconds
Views
22
Timestamp in Movie
00:53:32
Uploaded
Apr 29, 2025
Season
1
Episode
1
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 • E03 What makes me more despondent is the fact that there's so little progress - Steinheist 00:06
What makes me more despondent is the fact that there's ...
S01 • E01 He would be what is known as a "related party", - Steinheist 00:13
He would be what is known as a "related party",
S01 • E03 I don't believe the Hawks have started their investigation yet. - Steinheist 00:04
I don't believe the Hawks have started their investigat...
S01 • E02 Because you don't think that a company of that size - Steinheist 00:08
Because you don't think that a company of that size
S01 • E03 Does the NPA have the capacity to successfully prosecute billionaires - Steinheist 00:17
Does the NPA have the capacity to successfully prosecute bil...
S01 • E01 This type of related-party transaction is how Markus Jooste - Steinheist 00:13
This type of related-party transaction is how Markus Jooste
S01 • E02 There's no way this guy that I'd known for 15 years... - Steinheist 00:04
There's no way this guy that I'd known for 15 year...
S01 • E02 He's done what he appears to have done. - Steinheist 00:04
He's done what he appears to have done.
S01 • E03 If you basically defraud a company of R100 billion, you don't go to jail. - Steinheist 00:05
If you basically defraud a company of R100 billion, you don&...
S01 • E02 I'd been waiting patiently to hear news that something was amiss, - Steinheist 00:10
I'd been waiting patiently to hear news that something ...
S01 • E03 If Markus Jooste and his accomplices were in fact prosecuted and convicted, - Steinheist 00:10
If Markus Jooste and his accomplices were in fact prosecuted...
S01 • E01 So during the meeting, - Steinheist 00:07
So during the meeting,
S01 • E03 He's no closer to the inside of a jail cell today as he was in December 2017. - Steinheist 00:06
He's no closer to the inside of a jail cell today as he...
S01 • E03 This thing about white collar crime - Steinheist 00:10
This thing about white collar crime
S01 • E02 And I said, you know, "Finally we're gonna be paid - Steinheist 00:12
And I said, you know, "Finally we're gonna be paid
S01 • E01 He gave me the reasons why he was thinking of doing something, - Steinheist 00:09
He gave me the reasons why he was thinking of doing somethin...
S01 • E01 But at the end of the meeting with Craig Butters, - Steinheist 00:05
But at the end of the meeting with Craig Butters,
S01 • E01 I then went and read ten other analysts' reports - Steinheist 00:12
I then went and read ten other analysts' reports
S01 • E02 I got the SMS from Markus that he's resigning, - Steinheist 00:14
I got the SMS from Markus that he's resigning,
S01 • E01 I then went on the board having this at the back of my mind, - Steinheist 00:10
I then went on the board having this at the back of my mind,