To watch in HD, get ClipCafe PRO
Is the net closing in on former Steinhoff CEO?
Please log in to add to collections.
Steinheist

Is the net closing inon former Steinhoff CEO? The regulator found Joostecomplicit in...

Is the net closing in
on former Steinhoff CEO? The regulator found Jooste
complicit in insider trading

Full Transcript

00:00:01.000 --> 00:00:04.002
Is the net closing in on former Steinhoff CEO?
00:00:04.719 --> 00:00:08.001
The regulator found Jooste complicit in insider trading.
Duration
8 seconds
Views
26
Timestamp in Movie
00:55:18
Uploaded
Apr 29, 2025
Season
1
Episode
3
Genres
documentary, crime
Production
IdeaCandy

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

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 • E03 Jooste warned his driver, - Steinheist 00:18
Jooste warned his driver,
S01 • E02 I mean, the question is why didn't I know immediately? - Steinheist 00:05
I mean, the question is why didn't I know immediately?
S01 • E01 And Jooste always had an explanation, you know, right to the last minute, - Steinheist 00:11
And Jooste always had an explanation, you know, right to the...
S01 • E01 And because he operates in different jurisdictions - Steinheist 00:10
And because he operates in different jurisdictions
S01 • E02 I'd been working the phones, as one does as a journalist. - Steinheist 00:07
I'd been working the phones, as one does as a journalis...
S01 • E01 "And these people just don't understand it." - Steinheist 00:12
"And these people just don't understand it."
S01 • E02 And that was a bit of a giveaway that this was not just a misunderstanding, - Steinheist 00:11
And that was a bit of a giveaway that this was not just a mi...
S01 • E03 Insider trading can be explained through a game of blackjack. - Steinheist 00:17
Insider trading can be explained through a game of blackjack...
S01 • E01 Some people like, dislike, don't understand the business, whatever it is. - Steinheist 00:07
Some people like, dislike, don't understand the busines...
S01 • E01 Then, in 2014, the big fantastic deal for Steinhoff... - Steinheist 00:11
Then, in 2014, the big fantastic deal for Steinhoff...
S01 • E02 The Steinhoff debacle has sent shockwaves in corporate South Africa. - Steinheist 00:17
The Steinhoff debacle has sent shockwaves in corporate South...
S01 • E03 Let's imagine the dealer was the CEO of a company - Steinheist 00:07
Let's imagine the dealer was the CEO of a company
S01 • E01 So we are looking forward to add Pepkor - Steinheist 00:21
So we are looking forward to add Pepkor
S01 • E03 Maybe evidence of fraud is going to be uncovered, - Steinheist 00:07
Maybe evidence of fraud is going to be uncovered,
S01 • E03 If the CEO discloses that information to a third party - Steinheist 00:11
If the CEO discloses that information to a third party
S01 • E02 R200 billion or so was wiped off the stock exchange. - Steinheist 00:11
R200 billion or so was wiped off the stock exchange.
S01 • E02 People scrambling to get out of Steinhoff, scrambling to sell their shares - Steinheist 00:08
People scrambling to get out of Steinhoff, scrambling to sel...
S01 • E03 It's illegal, and it's exactly what Markus Jooste did - Steinheist 00:06
It's illegal, and it's exactly what Markus Jooste ...
S01 • E01 Within a year or 18 months it was R97, virtually doubled. - Steinheist 00:05
Within a year or 18 months it was R97, virtually doubled.
S01 • E01 Because the businesses that I, or my co-shareholders, put into Steinhoff, - Steinheist 00:17
Because the businesses that I, or my co-shareholders, put in...