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So, he really was involved in every single aspect of it
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Steinheist

So, he really was involvedin every single aspect of it. The one thing I can say about...

So, he really was involved
in every single aspect of it. The one thing I can say about Markus
is that he was just always on the go

Full Transcript

00:00:01.000 --> 00:00:05.798
So, he really was involved in every single aspect of it.
00:00:06.839 --> 00:00:10.799
The one thing I can say about Markus is that he was just always on the go.
Duration
11 seconds
Views
31
Timestamp in Movie
00:20:50
Uploaded
Apr 30, 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 Which is why a week later, when it all came crashing down, - Steinheist 00:07
Which is why a week later, when it all came crashing down,
S01 • E03 I always found it strange that he said it came like a bolt out of the blue. - Steinheist 00:05
I always found it strange that he said it came like a bolt o...
S01 • E02 So it was almost difficult to keep up with him in many senses. - Steinheist 00:13
So it was almost difficult to keep up with him in many sense...
S01 • E01 What a difference a day on the markets can make. - Steinheist 00:04
What a difference a day on the markets can make.
S01 • E03 Could be a case of being blind to what's actually going on, because - Steinheist 00:16
Could be a case of being blind to what's actually going...
S01 • E01 The South African retail giant lost billions from its market value - Steinheist 00:10
The South African retail giant lost billions from its market...
S01 • E02 And the nickname kind of emerged out of an incident - Steinheist 00:07
And the nickname kind of emerged out of an incident
S01 • E01 It's a story that could have catastrophic consequences for corporates across Africa. - Steinheist 00:06
It's a story that could have catastrophic consequences ...
S01 • E03 You know, your career has been a series of successes. - Steinheist 00:06
You know, your career has been a series of successes.
S01 • E02 One Friday night, Markus was there... - Steinheist 00:14
One Friday night, Markus was there...
S01 • E01 But just how did Steinhoff manage to pull a fast one - Steinheist 00:07
But just how did Steinhoff manage to pull a fast one
S01 • E03 It is the biggest mistake by a country mile, Rob. - Steinheist 00:04
It is the biggest mistake by a country mile, Rob.
S01 • E01 Steinhoff decides it needs money to expand. - Steinheist 00:09
Steinhoff decides it needs money to expand.
S01 • E03 I mean, what it cost me in monetary terms. - Steinheist 00:04
I mean, what it cost me in monetary terms.
S01 • E02 We then pitched up at 8 o'clock the morning, - Steinheist 00:11
We then pitched up at 8 o'clock the morning,
S01 • E01 Which essentially allows you capital, - Steinheist 00:15
Which essentially allows you capital,
S01 • E03 But what it cost also in reputational terms, - Steinheist 00:08
But what it cost also in reputational terms,
S01 • E02 That kind of became then a buzz amongst the staff - Steinheist 00:09
That kind of became then a buzz amongst the staff
S01 • E03 How would I explain getting lured into that trap? - Steinheist 00:06
How would I explain getting lured into that trap?
S01 • E03 Is I relied too much on other people's due diligence. - Steinheist 00:07
Is I relied too much on other people's due diligence.