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There were defenceless people who are sweeping the streets
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Steinheist

There were defenceless peoplewho are sweeping the streets, working for the municipality,...

There were defenceless people
who are sweeping the streets, working for the municipality, and now
they're caught up in the Steinhoff thing

Full Transcript

00:00:01.000 --> 00:00:05.278
There were defenceless people who are sweeping the streets,
00:00:05.279 --> 00:00:09.519
working for the municipality, and now they're caught up in the Steinhoff thing.
Duration
10 seconds
Views
36
Timestamp in Movie
00:13:06
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 • E02 Of the difficulties that the group was experiencing, - Steinheist 00:07
Of the difficulties that the group was experiencing,
S01 • E03 And it was particularly for that reason - Steinheist 00:26
And it was particularly for that reason
S01 • E01 So, I got to know the information around Markus Jooste - Steinheist 00:13
So, I got to know the information around Markus Jooste
S01 • E02 They were building loss-making businesses upon loss-making businesses, - Steinheist 00:12
They were building loss-making businesses upon loss-making b...
S01 • E02 You know, building a bit of pie in the sky, in a sense. - Steinheist 00:04
You know, building a bit of pie in the sky, in a sense.
S01 • E01 It's just always fascinated me how some people could - Steinheist 00:15
It's just always fascinated me how some people could
S01 • E02 Building a smoke and mirrors kind of empire. - Steinheist 00:05
Building a smoke and mirrors kind of empire.
S01 • E02 It appeared to me as if this urgency, - Steinheist 00:16
It appeared to me as if this urgency,
S01 • E03 What happened at Steinhoff, did it hit you financially? - Steinheist 00:08
What happened at Steinhoff, did it hit you financially?
S01 • E01 Not only was he financially savvy, - Steinheist 00:05
Not only was he financially savvy,
S01 • E01 So his intelligence was also a social intelligence - Steinheist 00:10
So his intelligence was also a social intelligence
S01 • E03 So that was an absolute uncomfortable for me - Steinheist 00:08
So that was an absolute uncomfortable for me
S01 • E02 Every problem that any of the business units had - Steinheist 00:18
Every problem that any of the business units had
S01 • E03 For me Steinhoff is finished, I have nothing to do with that. - Steinheist 00:05
For me Steinhoff is finished, I have nothing to do with that...
S01 • E01 So, after studying at university, Markus went to the Revenue Service. - Steinheist 00:08
So, after studying at university, Markus went to the Revenue...
S01 • E03 You see, with my business I was never home - Steinheist 00:09
You see, with my business I was never home
S01 • E02 A profitable situation when you're actually making a loss. - Steinheist 00:05
A profitable situation when you're actually making a lo...
S01 • E01 That is one of the options you had. Instead of doing national service - Steinheist 00:08
That is one of the options you had. Instead of doing nationa...
S01 • E03 I think that is the truth. But now that time is over. Now I have time enough. - Steinheist 00:07
I think that is the truth. But now that time is over. Now I ...
S01 • E01 And I think that that gave him great insights into how tax works - Steinheist 00:20
And I think that that gave him great insights into how tax w...