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During 2015, Steinhoff learned
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Steinheist

During 2015, Steinhoff learned that our ex-strategicpartner, Dr Seifert, made various...

During 2015, Steinhoff learned that our ex-strategic
partner, Dr Seifert, made various statements to
the German tax authorities

Full Transcript

00:00:01.000 --> 00:00:04.036
During 2015, Steinhoff learned
00:00:05.000 --> 00:00:09.279
that our ex-strategic partner, Dr Seifert,
00:00:09.028 --> 00:00:12.044
made various statements to the German tax authorities.
Duration
12 seconds
Views
24
Timestamp in Movie
00:37:54
Uploaded
Apr 30, 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 They immediately started to sponsor, for example, the university's rugby club. - Steinheist 00:06
They immediately started to sponsor, for example, the univer...
S01 • E03 It was Steinhoff's and my view - Steinheist 00:21
It was Steinhoff's and my view
S01 • E01 In fact, the South African Sevens rugby team, - Steinheist 00:26
In fact, the South African Sevens rugby team,
S01 • E02 Not especially, - Steinheist 00:06
Not especially,
S01 • E02 They are quite adventurous by nature, but we generally are of the view - Steinheist 00:07
They are quite adventurous by nature, but we generally are o...
S01 • E03 Seifert is the one who is the arch villain in this particular picture - Steinheist 00:16
Seifert is the one who is the arch villain in this particula...
S01 • E02 Management teams always have an incentive - Steinheist 00:07
Management teams always have an incentive
S01 • E01 Markus had invested hundreds of millions of rands in horses. - Steinheist 00:15
Markus had invested hundreds of millions of rands in horses.
S01 • E03 And my discussion with Dr Wiese and the legal advisers - Steinheist 00:18
And my discussion with Dr Wiese and the legal advisers
S01 • E02 And I think it was Warren Buffett who said that a management team - Steinheist 00:09
And I think it was Warren Buffett who said that a management...
S01 • E02 I'm probably a sceptic at heart. - Steinheist 00:25
I'm probably a sceptic at heart.
S01 • E01 And even mid-level managers were driven around Stellenbosch - Steinheist 00:17
And even mid-level managers were driven around Stellenbosch
S01 • E03 And I made it very clear that if that is not the way the board would want to go, - Steinheist 00:10
And I made it very clear that if that is not the way the boa...
S01 • E03 We know the numbers which Christo reportedly lost - Steinheist 00:07
We know the numbers which Christo reportedly lost
S01 • E01 By and large, I think Stellenbosch was very much taken - Steinheist 00:10
By and large, I think Stellenbosch was very much taken
S01 • E03 What about you and your family trust and everything else? - Steinheist 00:04
What about you and your family trust and everything else?
S01 • E03 On what day do you want to take the share price? The day before the collapse? - Steinheist 00:05
On what day do you want to take the share price? The day bef...
S01 • E02 But in addition to that, a hedge fund seeks shares - Steinheist 00:08
But in addition to that, a hedge fund seeks shares
S01 • E01 I think they kind of grinned and beared the crass way - Steinheist 00:18
I think they kind of grinned and beared the crass way
S01 • E03 Don't get now disingenuous. On the day of the collapse. - Steinheist 00:05
Don't get now disingenuous. On the day of the collapse.