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And that is what Jooste did with Steinhoff
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Steinheist

And that is what Joostedid with Steinhoff

And that is what Jooste
did with Steinhoff

Full Transcript

00:00:01.000 --> 00:00:04.032
And that is what Jooste did with Steinhoff.
Duration
4 seconds
Views
27
Timestamp in Movie
00:49:34
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 • E03 And as a result, the entire population suffers. - Steinheist 00:04
And as a result, the entire population suffers.
S01 • E02 It would be crippling for someone for whom lying was a problem, - Steinheist 00:09
It would be crippling for someone for whom lying was a probl...
S01 • E03 One typically points the finger at the politicians. - Steinheist 00:09
One typically points the finger at the politicians.
S01 • E02 But if you have someone who has a poorly developed conscience - Steinheist 00:09
But if you have someone who has a poorly developed conscienc...
S01 • E01 - We spoke about Craig Butters. - Yeah. - Steinheist 00:07
- We spoke about Craig Butters. - Yeah.
S01 • E03 And a few years from now, - Steinheist 00:07
And a few years from now,
S01 • E02 So if you have someone like that, - Steinheist 00:27
So if you have someone like that,
S01 • E01 I listened to him very carefully, he's an intelligent guy. - Steinheist 00:28
I listened to him very carefully, he's an intelligent g...
S01 • E03 I mean, Steinhoff was scarcely cold when Tongaat happened. - Steinheist 00:06
I mean, Steinhoff was scarcely cold when Tongaat happened.
S01 • E03 And the rest! It will happen again. - Steinheist 00:04
And the rest! It will happen again.
S01 • E03 It's amazing that you say that, because people talk about how we must stop this - Steinheist 00:09
It's amazing that you say that, because people talk abo...
S01 • E01 What it would do, what a lot of companies do, - Steinheist 00:06
What it would do, what a lot of companies do,
S01 • E02 And sometimes the idea that they might get caught, - Steinheist 00:08
And sometimes the idea that they might get caught,
S01 • E01 They say, "The difference between today I value it R1 billion, - Steinheist 00:06
They say, "The difference between today I value it R1 b...
S01 • E03 We have fragmented regulation in South Africa at the moment. - Steinheist 00:11
We have fragmented regulation in South Africa at the moment.
S01 • E01 I'll take the R1 billion difference into my profit and say, - Steinheist 00:07
I'll take the R1 billion difference into my profit and ...
S01 • E02 At that stage - Steinheist 00:12
At that stage
S01 • E03 Audit committee members, board members... You can take away their designations, - Steinheist 00:11
Audit committee members, board members... You can take away ...
S01 • E01 It's not a fair reflection of what your company is making. - Steinheist 00:04
It's not a fair reflection of what your company is maki...
S01 • E01 I think it's important to emphasise that if it were just one big issue, - Steinheist 00:10
I think it's important to emphasise that if it were jus...