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And the right result was that Markus Jooste stepped down
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Steinheist

And the right result was thatMarkus Jooste stepped down as CEO of Steinhoff for thingsthat...

And the right result was that
Markus Jooste stepped down as CEO of Steinhoff for things
that he shouldn't have been doing

Full Transcript

00:00:01.000 --> 00:00:04.838
And the right result was that Markus Jooste stepped down
00:00:04.839 --> 00:00:08.919
as CEO of Steinhoff for things that he shouldn't have been doing.
Duration
10 seconds
Views
18
Timestamp in Movie
00:05:35
Uploaded
Apr 28, 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 Right next to the post office was a betting shop, Tattersalls. - Steinheist 00:08
Right next to the post office was a betting shop, Tattersall...
S01 • E03 It's in my blood, doing the right thing, and I strive to do that. - Steinheist 00:12
It's in my blood, doing the right thing, and I strive t...
S01 • E01 Set for the Turffontein Classic, R500 000 at stake - Steinheist 00:08
Set for the Turffontein Classic, R500 000 at stake
S01 • E01 Committed punter with horses - Steinheist 00:14
Committed punter with horses
S01 • E03 But ultimately, doing the right thing is what it's all about. - Steinheist 00:05
But ultimately, doing the right thing is what it's all ...
S01 • E03 So on one hand, one feels good, if you do analysis - Steinheist 00:07
So on one hand, one feels good, if you do analysis
S01 • E01 In South Africa in those days you still listened to the race on radio, - Steinheist 00:10
In South Africa in those days you still listened to the race...
S01 • E03 On the other side, I knew that a lot of people would lose a lot of money, - Steinheist 00:08
On the other side, I knew that a lot of people would lose a ...
S01 • E02 But that's by people that's got no knowledge - Steinheist 00:32
But that's by people that's got no knowledge
S01 • E03 I was relieved that I could at least protect - Steinheist 00:23
I was relieved that I could at least protect
S01 • E01 I think if you grow up poor - Steinheist 00:21
I think if you grow up poor
S01 • E03 To this day we don't really know what transpired... - Steinheist 00:05
To this day we don't really know what transpired...
S01 • E03 other than the fact that we were told the share price, - Steinheist 00:21
other than the fact that we were told the share price,
S01 • E02 They still gave me a report, and the board, that it's all nonsense. - Steinheist 00:10
They still gave me a report, and the board, that it's a...
S01 • E01 Markus Jooste was one of the great South African entrepreneurs - Steinheist 00:08
Markus Jooste was one of the great South African entrepreneu...
S01 • E01 He'd built a company from a very small start, into a multinational. - Steinheist 00:06
He'd built a company from a very small start, into a mu...
S01 • E02 Again, the Jooste black magic... - Steinheist 00:06
Again, the Jooste black magic...
S01 • E02 Because these people had never done business with Steinhoff. - Steinheist 00:04
Because these people had never done business with Steinhoff.
S01 • E01 Markus Jooste... What is his greatest worry? - Steinheist 00:04
Markus Jooste... What is his greatest worry?
S01 • E03 I hope no one would have done a deal. - Steinheist 00:09
I hope no one would have done a deal.