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I'm not sure if Markus believes what he said entirely
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Steinheist

I'm not sure if Markusbelieves what he said entirely or if it's a narrative heconstructed...

I'm not sure if Markus
believes what he said entirely or if it's a narrative he
constructed and is sticking to

Full Transcript

00:00:01.000 --> 00:00:05.718
I'm not sure if Markus believes what he said entirely
00:00:05.719 --> 00:00:08.599
or if it's a narrative he constructed and is sticking to.
Duration
9 seconds
Views
28
Timestamp in Movie
00:41:38
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 • E02 So when Steinhoff went on a spending spree between 2004 and 2016, - Steinheist 00:19
So when Steinhoff went on a spending spree between 2004 and ...
S01 • E01 Anyone who is aggressive, who is... - Steinheist 00:05
Anyone who is aggressive, who is...
S01 • E03 "This is just a grudge by my former colleague and my peer, Andreas Seifert, - Steinheist 00:11
"This is just a grudge by my former colleague and my pe...
S01 • E01 Dominant in terms of where the company is going, - Steinheist 00:08
Dominant in terms of where the company is going,
S01 • E01 Markus often was self-deprecating at these presentations. - Steinheist 00:07
Markus often was self-deprecating at these presentations.
S01 • E02 Unitrans, HOMEstyle, ERM, - Steinheist 00:12
Unitrans, HOMEstyle, ERM,
S01 • E01 He would say things like, "I don't understand accounting. - Steinheist 00:05
He would say things like, "I don't understand acco...
S01 • E03 The fact is, a forensic audit of Steinhoff by PWC found 6.5 billion, - Steinheist 00:11
The fact is, a forensic audit of Steinhoff by PWC found 6.5 ...
S01 • E01 I'm not sure how this was all put together." - Steinheist 00:08
I'm not sure how this was all put together."
S01 • E02 Steinhoff paid R135 billion for these assets. - Steinheist 00:06
Steinhoff paid R135 billion for these assets.
S01 • E03 It's unlikely that a R106 billion in fictitious deals over ten years - Steinheist 00:10
It's unlikely that a R106 billion in fictitious deals o...
S01 • E01 Within corporate culture, - Steinheist 00:13
Within corporate culture,
S01 • E02 But while they would seem to make the company stronger, - Steinheist 00:09
But while they would seem to make the company stronger,
S01 • E03 I worked 29 years for this company every day of my life to build it, - Steinheist 00:12
I worked 29 years for this company every day of my life to b...
S01 • E02 Less than 2% of the value was therefore underpinned by something physical, - Steinheist 00:11
Less than 2% of the value was therefore underpinned by somet...
S01 • E01 "Snakes in Suits" is a term - Steinheist 00:17
"Snakes in Suits" is a term
S01 • E03 And therefore it saddened me what has happened to Steinhoff. - Steinheist 00:05
And therefore it saddened me what has happened to Steinhoff.
S01 • E03 It was a business creating more than a hundred thousand jobs. - Steinheist 00:05
It was a business creating more than a hundred thousand jobs...
S01 • E02 There was always the feeling with Steinhoff - Steinheist 00:09
There was always the feeling with Steinhoff
S01 • E03 You know, you're coming across - Steinheist 00:07
You know, you're coming across