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Everything was about trust. Deals were done on a handshake
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Steinheist

Everything was about trust.Deals were done on a handshake

Everything was about trust.
Deals were done on a handshake

Full Transcript

00:00:01.000 --> 00:00:04.016
Everything was about trust. Deals were done on a handshake.
Duration
5 seconds
Views
25
Timestamp in Movie
00:27:57
Uploaded
Apr 27, 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 • E02 There is a house where the owner installed Perspex garage gates - Steinheist 00:12
There is a house where the owner installed Perspex garage ga...
S01 • E01 They were not this massive volume of paper that you get with most transactions. - Steinheist 00:05
They were not this massive volume of paper that you get with...
S01 • E01 The insiders talk about how trust was the most fundamental part of the company. - Steinheist 00:05
The insiders talk about how trust was the most fundamental p...
S01 • E01 And that's partly why the relationship with Bruno and Markus - Steinheist 00:06
And that's partly why the relationship with Bruno and M...
S01 • E01 It wasn't one where you'd go and check the documents and emails you have - Steinheist 00:07
It wasn't one where you'd go and check the documen...
S01 • E02 You know, Jooste is not known for ploughing money into community projects - Steinheist 00:11
You know, Jooste is not known for ploughing money into commu...
S01 • E03 The fraud standard actually - Steinheist 00:24
The fraud standard actually
S01 • E01 So, the game changes for Steinhoff. They decide that conventionally - Steinheist 00:07
So, the game changes for Steinhoff. They decide that convent...
S01 • E02 Jooste wanted to sponsor the South African Sevens rugby team - Steinheist 00:17
Jooste wanted to sponsor the South African Sevens rugby team
S01 • E01 What they decide now is that it might be an opportune time - Steinheist 00:06
What they decide now is that it might be an opportune time
S01 • E01 It wants to have forests that you can use the wood for the furniture. - Steinheist 00:04
It wants to have forests that you can use the wood for the f...
S01 • E01 It wants to own the supply chain - Steinheist 00:07
It wants to own the supply chain
S01 • E03 The need for additional debt or additional financing. - Steinheist 00:04
The need for additional debt or additional financing.
S01 • E02 But in all of this, - Steinheist 00:10
But in all of this,
S01 • E01 Steinhoff was always the stock that... We don't understand it. - Steinheist 00:11
Steinhoff was always the stock that... We don't underst...
S01 • E03 Significant related-party transactions. - Steinheist 00:05
Significant related-party transactions.
S01 • E03 When there's many year-end adjustments. - Steinheist 00:08
When there's many year-end adjustments.
S01 • E02 Announced his arrival in town, - Steinheist 00:08
Announced his arrival in town,
S01 • E03 -Dominant management or a dominant CEO. - Steinheist 00:12
-Dominant management or a dominant CEO.
S01 • E02 For a multi-millionaire - Steinheist 00:14
For a multi-millionaire