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As long as the value of those Steinhoff shares keeps going up
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Steinheist

As long as the value of thoseSteinhoff shares keeps going up, everyone is happywith the...

As long as the value of those
Steinhoff shares keeps going up, everyone is happy
with the transaction

Full Transcript

00:00:01.000 --> 00:00:04.919
As long as the value of those Steinhoff shares keeps going up,
00:00:04.092 --> 00:00:07.004
everyone is happy with the transaction.
Duration
7 seconds
Views
18
Timestamp in Movie
00:24:31
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 • E01 But if the shares should lose value by 97%, in Steinhoff's case, - Steinheist 00:12
But if the shares should lose value by 97%, in Steinhoff...
S01 • E02 I fired at least two senior executives because of that. - Steinheist 00:07
I fired at least two senior executives because of that.
S01 • E03 I do think, though, that people sometimes enter transactions - Steinheist 00:07
I do think, though, that people sometimes enter transactions
S01 • E02 Because you lose the trust of the people that report to you. - Steinheist 00:07
Because you lose the trust of the people that report to you.
S01 • E03 It pushes the envelope when it comes to tax rules, - Steinheist 00:15
It pushes the envelope when it comes to tax rules,
S01 • E02 of 40 odd years every day, why wouldn't he lie to me? - Steinheist 00:10
of 40 odd years every day, why wouldn't he lie to me?
S01 • E01 We will continue to follow the developments of what has been dubbed - Steinheist 00:08
We will continue to follow the developments of what has been...
S01 • E03 I never could believe that these figures were coloured. Never. - Steinheist 00:05
I never could believe that these figures were coloured. Neve...
S01 • E01 I was then called to another meeting - Steinheist 00:11
I was then called to another meeting
S01 • E03 Our business style was to have top people and to believe top people. - Steinheist 00:06
Our business style was to have top people and to believe top...
S01 • E02 If the guy jumps the fence once or twice, yeah, you can... - Steinheist 00:05
If the guy jumps the fence once or twice, yeah, you can...
S01 • E03 I never was in these meetings because the finance department was not my job. - Steinheist 00:07
I never was in these meetings because the finance department...
S01 • E02 But when he starts an affair, he goes to the same address all the time, - Steinheist 00:09
But when he starts an affair, he goes to the same address al...
S01 • E03 And they always said everything is okay. I had a shock, a real shock. - Steinheist 00:06
And they always said everything is okay. I had a shock, a re...
S01 • E02 I find that hard to believe that, you know, the existence of a mistress - Steinheist 00:11
I find that hard to believe that, you know, the existence of...
S01 • E01 One of the conditions was the fact that I would be appointed - Steinheist 00:10
One of the conditions was the fact that I would be appointed
S01 • E01 In my mind, it became a hostile takeover - Steinheist 00:20
In my mind, it became a hostile takeover
S01 • E02 You know, this beautiful blonde polo player - Steinheist 00:08
You know, this beautiful blonde polo player
S01 • E03 You have to understand why they're so upset, - Steinheist 00:10
You have to understand why they're so upset,
S01 • E02 And then flying around on a Jooste-sponsored jet - Steinheist 00:19
And then flying around on a Jooste-sponsored jet