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Steinheist

Questions have been asked about how billionaire Christo Wiese,and the entire Steinhoff...

Questions have been asked about how billionaire Christo Wiese,
and the entire Steinhoff board, did not know what was going on

Full Transcript

00:00:01.000 --> 00:00:02.479
Questions have been asked about
00:00:02.048 --> 00:00:07.359
how billionaire Christo Wiese, and the entire Steinhoff board,
00:00:07.036 --> 00:00:09.399
did not know what was going on.
Duration
9 seconds
Views
29
Timestamp in Movie
00:09:27
Uploaded
Apr 29, 2025
Season
1
Episode
3
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 • E03 These are the kind of people who we, as the public, - Steinheist 00:07
These are the kind of people who we, as the public,
S01 • E01 You know, it's so much easier to do business - Steinheist 00:14
You know, it's so much easier to do business
S01 • E03 It's not only Christo Wiese and the board and the auditors. - Steinheist 00:12
It's not only Christo Wiese and the board and the audit...
S01 • E02 I know several of the board that served at that time personally. - Steinheist 00:06
I know several of the board that served at that time persona...
S01 • E02 You know, Johan Van Zyl did phenomenal work at Sanlam. - Steinheist 00:26
You know, Johan Van Zyl did phenomenal work at Sanlam.
S01 • E01 But it's also an example of a town where, you know, the ultra-rich - Steinheist 00:08
But it's also an example of a town where, you know, the...
S01 • E03 The PIC is then actually the main investment agency - Steinheist 00:10
The PIC is then actually the main investment agency
S01 • E01 So, the town of Stellenbosch carries the very visible scars - Steinheist 00:16
So, the town of Stellenbosch carries the very visible scars
S01 • E03 And all people working for the government, the state officials, - Steinheist 00:23
And all people working for the government, the state officia...
S01 • E02 Not because I doubted the future of the company, for another reason. - Steinheist 00:06
Not because I doubted the future of the company, for another...
S01 • E01 He came into contact with enormously successful individuals - Steinheist 00:10
He came into contact with enormously successful individuals
S01 • E02 I thought it was one of the best companies in the country, hence the investment. - Steinheist 00:06
I thought it was one of the best companies in the country, h...
S01 • E02 I used the money to put a deposit on a house. - Steinheist 00:05
I used the money to put a deposit on a house.
S01 • E01 I met Markus Jooste the first time in 1979. - Steinheist 00:08
I met Markus Jooste the first time in 1979.
S01 • E02 Look, I think if you analyse country by country - Steinheist 00:13
Look, I think if you analyse country by country
S01 • E03 The Federation would like to assure - Steinheist 00:23
The Federation would like to assure
S01 • E01 So, Johann, I want to say thanks so much for agreeing to speak to us about this. - Steinheist 00:05
So, Johann, I want to say thanks so much for agreeing to spe...
S01 • E01 So that particular time at Wilgenhof, it was the late '70s, early '80s. - Steinheist 00:06
So that particular time at Wilgenhof, it was the late '...
S01 • E02 So that's why, you know, Godfrey, I'm not a fan of macroeconomic statements - Steinheist 00:09
So that's why, you know, Godfrey, I'm not a fan of...
S01 • E01 Can you perhaps sketch a portrait of what the dynamics were? - Steinheist 00:05
Can you perhaps sketch a portrait of what the dynamics were?