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There's that personal self-belief that they've lost
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Steinheist

There's that personalself-belief that they've lost, "But how could I not have seenthis?...

There's that personal
self-belief that they've lost, "But how could I not have seen
this? How did I miss this?

Full Transcript

00:00:01.000 --> 00:00:06.038
There's that personal self-belief that they've lost,
00:00:06.039 --> 00:00:10.798
"But how could I not have seen this? How did I miss this?
Duration
11 seconds
Views
19
Timestamp in Movie
00:25:41
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 • E01 I was screwed over by Markus Jooste. There's no doubt. - Steinheist 00:05
I was screwed over by Markus Jooste. There's no doubt.
S01 • E03 Is there something wrong in my judgment?" - Steinheist 00:22
Is there something wrong in my judgment?"
S01 • E01 Markus was that kind of person, - Steinheist 00:12
Markus was that kind of person,
S01 • E02 And that's the way of the billionaire, I suppose. - Steinheist 00:05
And that's the way of the billionaire, I suppose.
S01 • E02 Private jets, polo clubs and blonde girlfriends. - Steinheist 00:06
Private jets, polo clubs and blonde girlfriends.
S01 • E02 This is kind of everything that is wrong with our society. - Steinheist 00:04
This is kind of everything that is wrong with our society.
S01 • E01 He wanted to be somebody whose legacy was unquestionable. - Steinheist 00:06
He wanted to be somebody whose legacy was unquestionable.
S01 • E02 We have two worlds you know, we have the one of the 1%, - Steinheist 00:28
We have two worlds you know, we have the one of the 1%,
S01 • E03 Steinhoff changed its year end during the preceding years, - Steinheist 00:14
Steinhoff changed its year end during the preceding years,
S01 • E01 The Gommagomma Group, as we started out as, was a very small entity, - Steinheist 00:09
The Gommagomma Group, as we started out as, was a very small...
S01 • E01 But the acquisition of Pat Cornick was basically - Steinheist 00:10
But the acquisition of Pat Cornick was basically
S01 • E03 Which also made it very difficult - Steinheist 00:20
Which also made it very difficult
S01 • E01 Bringing together manufacturers was critical, was good, important and timely. - Steinheist 00:13
Bringing together manufacturers was critical, was good, impo...
S01 • E02 I guess for Markus it was that he became used to the money. - Steinheist 00:05
I guess for Markus it was that he became used to the money.
S01 • E03 Steinhoff is a big company, it's a complex company, it's got a lot of moving parts. - Steinheist 00:06
Steinhoff is a big company, it's a complex company, it&...
S01 • E02 And so, as he got all this money, it became... - Steinheist 00:05
And so, as he got all this money, it became...
S01 • E01 Thabo Mbeki called upon black South Africans to go into business - Steinheist 00:17
Thabo Mbeki called upon black South Africans to go into busi...
S01 • E03 Maybe it was just a way to simplify things, - Steinheist 00:09
Maybe it was just a way to simplify things,
S01 • E02 Stellenbosch, as a university town, is actually quite a humble non-flashy town. - Steinheist 00:06
Stellenbosch, as a university town, is actually quite a humb...
S01 • E01 And I went in there, idealistically thinking, - Steinheist 00:06
And I went in there, idealistically thinking,