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I'm past that stage where you can still understand the internet but
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Steinheist

I'm past that stage where you canstill understand the internet but

I'm past that stage where you can
still understand the internet but

Full Transcript

00:00:01.000 --> 00:00:05.016
I'm past that stage where you can still understand the internet but...
Duration
5 seconds
Views
16
Timestamp in Movie
00:19:00
Uploaded
Apr 29, 2025
Season
1
Episode
2
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 Yes, so I mean, to attend racing in Europe is something that I would like to do. - Steinheist 00:06
Yes, so I mean, to attend racing in Europe is something that...
S01 • E03 So therefore, if you grow that false profit every year, no person, - Steinheist 00:16
So therefore, if you grow that false profit every year, no p...
S01 • E02 So we decided about three years ago to expand. - Steinheist 00:05
So we decided about three years ago to expand.
S01 • E02 I've been involved in horse racing for a long time, - Steinheist 00:05
I've been involved in horse racing for a long time,
S01 • E02 I sobered up and decided, - Steinheist 00:09
I sobered up and decided,
S01 • E01 Bruno was a very tactile individual. He understood furniture. - Steinheist 00:07
Bruno was a very tactile individual. He understood furniture...
S01 • E03 From my side, I'm also deeply saddened - Steinheist 00:11
From my side, I'm also deeply saddened
S01 • E02 In 2005, I was voted onto the Racing Association. - Steinheist 00:07
In 2005, I was voted onto the Racing Association.
S01 • E01 He understood accounting, he understood the finance side of the business. - Steinheist 00:05
He understood accounting, he understood the finance side of ...
S01 • E01 So he believed that with Markus's financial background - Steinheist 00:10
So he believed that with Markus's financial background
S01 • E03 From my side, I also do not think I did anything deliberately wrong. - Steinheist 00:06
From my side, I also do not think I did anything deliberatel...
S01 • E02 And when I arrived on the board, I boxed a lot with Markus. - Steinheist 00:04
And when I arrived on the board, I boxed a lot with Markus.
S01 • E03 Ben la Grange, Steinhoff's former CFO, - Steinheist 00:27
Ben la Grange, Steinhoff's former CFO,
S01 • E02 Mr Jooste was very enthusiastic. - Steinheist 00:17
Mr Jooste was very enthusiastic.
S01 • E01 The business model appears very sound. - Steinheist 00:11
The business model appears very sound.
S01 • E01 If you can make something in South Africa and sell it into Europe in euros - Steinheist 00:07
If you can make something in South Africa and sell it into E...
S01 • E02 Markus, well done, a couple of runners in the race. - Steinheist 00:21
Markus, well done, a couple of runners in the race.
S01 • E01 The fact that we are concentrating on the discount sector of the market - Steinheist 00:13
The fact that we are concentrating on the discount sector of...
S01 • E03 A report by auditing firm PWC - Steinheist 00:10
A report by auditing firm PWC
S01 • E01 Therefore, we are quite confident that we can continue the same type of euro growth - Steinheist 00:10
Therefore, we are quite confident that we can continue the s...