And two years laterSteinhoff decides, "Actually, we do wantto own these forests, so we...
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And two years later
Steinhoff decides, "Actually, we do want
to own these forests, so we will buy it from
Fihag for R149 million." That's a massive
increase in value
Steinhoff decides, "Actually, we do want
to own these forests, so we will buy it from
Fihag for R149 million." That's a massive
increase in value
Full Transcript
00:00:01.000 --> 00:00:02.048
And two years later
Steinhoff decides,
00:00:02.481 --> 00:00:04.278
"Actually, we do want
to own these forests,
00:00:04.279 --> 00:00:08.039
so we will buy it from
Fihag for R149 million."
00:00:08.999 --> 00:00:09.052
That's a massive
increase in value.
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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...
