To watch in HD, get ClipCafe PRO
And yeah, there were definitely some eyebrows raised about the transaction
Please log in to add to collections.
Steinheist

And yeah, there were definitely someeyebrows raised about the transaction

And yeah, there were definitely some
eyebrows raised about the transaction

Full Transcript

00:00:01.000 --> 00:00:06.008
And yeah, there were definitely some eyebrows raised about the transaction.
Duration
6 seconds
Views
19
Timestamp in Movie
00:36:21
Uploaded
Apr 29, 2025
Season
1
Episode
2
Genres
documentary, crime
Production
IdeaCandy

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

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 Not that many of them actually needed the money, - Steinheist 00:10
Not that many of them actually needed the money,
S01 • E02 But again, Markus Jooste was one of the top dealmakers. - Steinheist 00:06
But again, Markus Jooste was one of the top dealmakers.
S01 • E01 Some of the most eminent, successful people in South African business - Steinheist 00:09
Some of the most eminent, successful people in South African...
S01 • E03 I thought it important to share with the honourable committees here today - Steinheist 00:15
I thought it important to share with the honourable committe...
S01 • E02 Now, that that's not something that people just say, it's actually real. - Steinheist 00:05
Now, that that's not something that people just say, it...
S01 • E02 If you have debt, - Steinheist 00:06
If you have debt,
S01 • E01 Markus was able to attract - Steinheist 00:22
Markus was able to attract
S01 • E03 I was only about two meters from him, and I had an opportunity - Steinheist 00:08
I was only about two meters from him, and I had an opportuni...
S01 • E02 Loaned you that money, is invested in you in a big way. - Steinheist 00:04
Loaned you that money, is invested in you in a big way.
S01 • E02 And so they can't just pull the plug, or can't just move on. - Steinheist 00:05
And so they can't just pull the plug, or can't jus...
S01 • E03 He was quite formidable. - Steinheist 00:11
He was quite formidable.
S01 • E02 So, in many ways, that was a model that Steinhoff had used as well. - Steinheist 00:05
So, in many ways, that was a model that Steinhoff had used a...
S01 • E01 These were guys who knew their way around a balance sheet - Steinheist 00:08
These were guys who knew their way around a balance sheet
S01 • E02 Is to extend themselves to such an extent - Steinheist 00:10
Is to extend themselves to such an extent
S01 • E03 And I got the impression that he was utterly ruthless. - Steinheist 00:06
And I got the impression that he was utterly ruthless.
S01 • E03 And I remember thinking, you know, this man would, - Steinheist 00:06
And I remember thinking, you know, this man would,
S01 • E01 The chief executive of a company isn't a law unto himself. - Steinheist 00:06
The chief executive of a company isn't a law unto himse...
S01 • E02 Late in 2017, Manager Magazin in Germany - Steinheist 00:10
Late in 2017, Manager Magazin in Germany
S01 • E03 I would like to take the honourable committees slightly back. - Steinheist 00:06
I would like to take the honourable committees slightly back...
S01 • E01 And whatever the CEO does, needs to be checked by the board. - Steinheist 00:06
And whatever the CEO does, needs to be checked by the board.