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In the global markets we're a bit more purist
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Steinheist

In the global marketswe're a bit more purist because the depth and theopportunities set is...

In the global markets
we're a bit more purist because the depth and the
opportunities set is much bigger

Full Transcript

00:00:01.000 --> 00:00:03.158
In the global markets we're a bit more purist
00:00:03.159 --> 00:00:06.158
because the depth and the opportunities set is much bigger.
Duration
6 seconds
Views
25
Timestamp in Movie
00:30:54
Uploaded
Apr 29, 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 • E01 So if Steinhoff was operating in the global setting, - Steinheist 00:09
So if Steinhoff was operating in the global setting,
S01 • E03 I think that there's the old saying, "If good men stay quiet, - Steinheist 00:10
I think that there's the old saying, "If good men ...
S01 • E02 But what we didn't know, what no one knew, - Steinheist 00:13
But what we didn't know, what no one knew,
S01 • E01 He managed to spin the web - Steinheist 00:07
He managed to spin the web
S01 • E03 In Afrikaans we call it, they are "skaamkwaad" - Steinheist 00:07
In Afrikaans we call it, they are "skaamkwaad"
S01 • E01 That it was just extremely difficult - Steinheist 00:14
That it was just extremely difficult
S01 • E02 We really only had little over a year within the Steinhoff structure, - Steinheist 00:15
We really only had little over a year within the Steinhoff s...
S01 • E03 I think it's important that we all put the facts on the table as we believe they are. - Steinheist 00:05
I think it's important that we all put the facts on the...
S01 • E03 I think one of the first building blocks of any good scam - Steinheist 00:14
I think one of the first building blocks of any good scam
S01 • E01 Because of Markus Jooste’s incredible ability to persuade people. - Steinheist 00:05
Because of Markus Jooste’s incredible ability to persuade pe...
S01 • E02 I thought that what I perceived to be their risk and audit measures - Steinheist 00:08
I thought that what I perceived to be their risk and audit m...
S01 • E01 You know? I mean, let's face it, he managed to persuade Christo Wiese. - Steinheist 00:05
You know? I mean, let's face it, he managed to persuade...
S01 • E03 It's true, also, that in any business you must surround yourself - Steinheist 00:09
It's true, also, that in any business you must surround...
S01 • E02 Tekkie Town... - Steinheist 00:17
Tekkie Town...
S01 • E01 When I looked myself in the mirror - Steinheist 00:27
When I looked myself in the mirror
S01 • E03 But I think as this thing grew... Because if you can get away with it once, - Steinheist 00:45
But I think as this thing grew... Because if you can get awa...
S01 • E02 There's obviously a few territories in Europe we are not yet on a global basis, - Steinheist 00:09
There's obviously a few territories in Europe we are no...
S01 • E02 Markus Jooste convinced a number of the big wheeler dealers in Stellenbosch - Steinheist 00:06
Markus Jooste convinced a number of the big wheeler dealers ...
S01 • E01 And thirdly, I'm not going to become a bitter person - Steinheist 00:11
And thirdly, I'm not going to become a bitter person
S01 • E02 Institutions like Allan Gray, Coronation and others who managed pension funds. - Steinheist 00:18
Institutions like Allan Gray, Coronation and others who mana...