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There was a long history of
the Steinhoff management team getting more and more aggressive,
whether in applying accounting policies, whether in doing tax structuring, whether
in doing merger and acquisition deals. But at some point, it
doesn't pass the smell test
the Steinhoff management team getting more and more aggressive,
whether in applying accounting policies, whether in doing tax structuring, whether
in doing merger and acquisition deals. But at some point, it
doesn't pass the smell test
Full Transcript
00:00:01.000 --> 00:00:04.718
There was a long history of
the Steinhoff management team
00:00:04.719 --> 00:00:09.279
getting more and more aggressive,
whether in applying accounting policies,
00:00:09.084 --> 00:00:16.239
whether in doing tax structuring, whether
in doing merger and acquisition deals.
00:00:16.024 --> 00:00:19.004
But at some point, it
doesn't pass the smell test.
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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...