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There was not one board meeting that I attended
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Steinheist

There was not one boardmeeting that I attended in which the struggles ofcashflow, of...

There was not one board
meeting that I attended in which the struggles of
cashflow, of profitability

Full Transcript

00:00:01.000 --> 00:00:03.068
There was not one board meeting that I attended
00:00:03.681 --> 00:00:09.441
in which the struggles of cashflow, of profitability...
Duration
9 seconds
Views
40
Timestamp in Movie
00:12:59
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 • E03 There were defenceless people who are sweeping the streets, - Steinheist 00:10
There were defenceless people who are sweeping the streets,
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 ...