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So he believed that with Markus's financial background
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Steinheist

So he believed that withMarkus's financial background and his strategic nous, they’d be...

So he believed that with
Markus's financial background and his strategic nous, they’d be able
to do something more with Steinhoff, to create the modern company
we now know as Steinhoff

Full Transcript

00:00:01.000 --> 00:00:04.359
So he believed that with Markus's financial background
00:00:04.036 --> 00:00:07.359
and his strategic nous, they’d be able to do something more with Steinhoff,
00:00:07.036 --> 00:00:10.004
to create the modern company we now know as Steinhoff.
Duration
10 seconds
Views
13
Timestamp in Movie
00:19:29
Uploaded
Apr 30, 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 • E02 And when I arrived on the board, I boxed a lot with Markus. - Steinheist 00:04
And when I arrived on the board, I boxed a lot with Markus.
S01 • E03 From my side, I also do not think I did anything deliberately wrong. - Steinheist 00:06
From my side, I also do not think I did anything deliberatel...
S01 • E03 Ben la Grange, Steinhoff's former CFO, - Steinheist 00:27
Ben la Grange, Steinhoff's former CFO,
S01 • E02 Mr Jooste was very enthusiastic. - Steinheist 00:17
Mr Jooste was very enthusiastic.
S01 • E01 The business model appears very sound. - Steinheist 00:11
The business model appears very sound.
S01 • E01 If you can make something in South Africa and sell it into Europe in euros - Steinheist 00:07
If you can make something in South Africa and sell it into E...
S01 • E02 Markus, well done, a couple of runners in the race. - Steinheist 00:21
Markus, well done, a couple of runners in the race.
S01 • E01 The fact that we are concentrating on the discount sector of the market - Steinheist 00:13
The fact that we are concentrating on the discount sector of...
S01 • E03 A report by auditing firm PWC - Steinheist 00:10
A report by auditing firm PWC
S01 • E01 Therefore, we are quite confident that we can continue the same type of euro growth - Steinheist 00:10
Therefore, we are quite confident that we can continue the s...
S01 • E03 Mr Jooste, we understand, is still in the country, - Steinheist 00:07
Mr Jooste, we understand, is still in the country,
S01 • E02 He invested heavily. - Steinheist 00:13
He invested heavily.
S01 • E03 But having said that, there's been no charges put to him, - Steinheist 00:06
But having said that, there's been no charges put to hi...
S01 • E01 So, Bruno found Markus a compelling individual, - Steinheist 00:21
So, Bruno found Markus a compelling individual,
S01 • E02 For him, this was a way of, I suppose, - Steinheist 00:23
For him, this was a way of, I suppose,
S01 • E03 Just like a romantic relationship when it ends, - Steinheist 00:07
Just like a romantic relationship when it ends,
S01 • E03 Having that reflection on your professional relationship with Jooste, - Steinheist 00:08
Having that reflection on your professional relationship wit...
S01 • E03 No. Nothing, you know, that would stick out, - Steinheist 00:17
No. Nothing, you know, that would stick out,
S01 • E01 At his 80th birthday in Westerstede shortly before Steinhoff imploded, - Steinheist 00:10
At his 80th birthday in Westerstede shortly before Steinhoff...
S01 • E02 So, he really was involved in every single aspect of it. - Steinheist 00:11
So, he really was involved in every single aspect of it.