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I'll take the R1 billion
difference into my profit and say, 'I've earned that this year.'" That's an accounting
trick, not real cash flow
difference into my profit and say, 'I've earned that this year.'" That's an accounting
trick, not real cash flow
Full Transcript
00:00:01.000 --> 00:00:03.076
I'll take the R1 billion
difference into my profit and say,
00:00:03.761 --> 00:00:05.278
'I've earned that this year.'"
00:00:05.279 --> 00:00:07.359
That's an accounting
trick, not real cash flow.
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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...