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I was only about two meters from him, and I had an opportunity
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Steinheist

I was only about two meters fromhim, and I had an opportunity to sort of observe him...

I was only about two meters from
him, and I had an opportunity to sort of observe him very
carefully during those hearings

Full Transcript

00:00:01.000 --> 00:00:03.096
I was only about two meters from him, and I had an opportunity
00:00:03.961 --> 00:00:07.961
to sort of observe him very carefully during those hearings.
Duration
8 seconds
Views
19
Timestamp in Movie
00:36:48
Uploaded
Apr 29, 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 • 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 • E03 He was quite formidable. - Steinheist 00:11
He was quite formidable.
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 • 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.
S01 • E03 2007, Steinhoff formed - Steinheist 00:13
2007, Steinhoff formed
S01 • E01 And it's very clear in this instance that that did not happen. - Steinheist 00:04
And it's very clear in this instance that that did not ...
S01 • E01 There was not a culture of the board providing proper oversight of Jooste. - Steinheist 00:05
There was not a culture of the board providing proper oversi...
S01 • E02 The author was also very respected, and we questioned it. - Steinheist 00:05
The author was also very respected, and we questioned it.
S01 • E03 The vision between Steinhoff and Seifert - Steinheist 00:10
The vision between Steinhoff and Seifert
S01 • E01 I think Jooste came from Johannesburg, where he made all his money - Steinheist 00:31
I think Jooste came from Johannesburg, where he made all his...
S01 • E02 We actually spoke to the journalist - Steinheist 00:09
We actually spoke to the journalist
S01 • E03 Unfortunately it turned out that Dr Seifert was the wrong person - Steinheist 00:13
Unfortunately it turned out that Dr Seifert was the wrong pe...