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It looked like Steinhoff had become a house of cards
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Steinheist

It looked like Steinhoffhad become a house of cards. It was just a question of time...

It looked like Steinhoff
had become a house of cards. It was just a question of time before
this whole thing came tumbling down

Full Transcript

00:00:01.000 --> 00:00:03.092
It looked like Steinhoff had become a house of cards.
00:00:04.044 --> 00:00:07.088
It was just a question of time before this whole thing came tumbling down.
Duration
8 seconds
Views
28
Timestamp in Movie
00:46:08
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 • E01 Women were not appreciated, really, other than for their beauty - Steinheist 00:07
Women were not appreciated, really, other than for their bea...
S01 • E03 So I'm just saying, it can't be different strokes for different folks. - Steinheist 00:05
So I'm just saying, it can't be different strokes ...
S01 • E03 That was the bracing reality, I think, for the country to realize after Steinhoff - Steinheist 00:12
That was the bracing reality, I think, for the country to re...
S01 • E01 So for somebody like me who comes in with a... - Steinheist 00:06
So for somebody like me who comes in with a...
S01 • E01 It was very noticeable and quite difficult to deal with. - Steinheist 00:04
It was very noticeable and quite difficult to deal with.
S01 • E02 The auditors in Europe, Deloitte, gets an anonymous box - Steinheist 00:22
The auditors in Europe, Deloitte, gets an anonymous box
S01 • E01 Because now you're in this culture, - Steinheist 00:07
Because now you're in this culture,
S01 • E03 The Guptas were benefiting from government work, - Steinheist 00:10
The Guptas were benefiting from government work,
S01 • E01 They were the many, many hours after hours and the braai sessions - Steinheist 00:09
They were the many, many hours after hours and the braai ses...
S01 • E01 And it was quite clear that Steinhoff was essentially... - Steinheist 00:06
And it was quite clear that Steinhoff was essentially...
S01 • E03 During the Zuma years sort of after 2011, what we found out, - Steinheist 00:11
During the Zuma years sort of after 2011, what we found out,
S01 • E01 A... dinosaur of the past walking into the future, you know. - Steinheist 00:08
A... dinosaur of the past walking into the future, you know.
S01 • E02 They've been assured by Christo Wiese and the company that all was above board. - Steinheist 00:05
They've been assured by Christo Wiese and the company t...
S01 • E02 But the anonymous package makes them think that there's a lot going on. - Steinheist 00:04
But the anonymous package makes them think that there's...
S01 • E01 And it was always interesting for me to figure out whether that culture - Steinheist 00:09
And it was always interesting for me to figure out whether t...
S01 • E03 Until people are caught they will continue doing it. - Steinheist 00:06
Until people are caught they will continue doing it.
S01 • E02 It now seems that what was in the package was evidence - Steinheist 00:07
It now seems that what was in the package was evidence
S01 • E02 Deloitte says, "We're not going to sign off on the financial accounts - Steinheist 00:19
Deloitte says, "We're not going to sign off on the...
S01 • E01 So throughout Steinhoff's life - Steinheist 00:09
So throughout Steinhoff's life
S01 • E03 And then corporate ethics began to fray too, to some extent. - Steinheist 00:06
And then corporate ethics began to fray too, to some extent.