Jooste warned his driver, a friend, and a business partner todispose of their Steinhoff...
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Jooste warned his driver, a friend, and a business partner to
dispose of their Steinhoff shares. It took the regulator a year
or two to investigate this. The regulator, the Financial
Sector Conduct Authority, slapped the largest fine on anyone
in its history for insider trading
dispose of their Steinhoff shares. It took the regulator a year
or two to investigate this. The regulator, the Financial
Sector Conduct Authority, slapped the largest fine on anyone
in its history for insider trading
Full Transcript
00:00:01.000 --> 00:00:02.068
Jooste warned his driver,
00:00:02.681 --> 00:00:06.959
a friend, and a business partner to
dispose of their Steinhoff shares.
00:00:08.639 --> 00:00:11.599
It took the regulator a year
or two to investigate this.
00:00:11.006 --> 00:00:14.068
The regulator, the Financial
Sector Conduct Authority,
00:00:14.681 --> 00:00:17.999
slapped the largest fine on anyone
in its history for insider trading.
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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...
