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They decide to merge Gommagomma with Steinhoff
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Steinheist

They decide to mergeGommagomma with Steinhoff. This can be Steinhoff in Africa

They decide to merge
Gommagomma with Steinhoff. This can be Steinhoff in Africa

Full Transcript

00:00:01.000 --> 00:00:03.008
They decide to merge Gommagomma with Steinhoff.
00:00:05.028 --> 00:00:07.012
This can be Steinhoff in Africa.
Duration
7 seconds
Views
16
Timestamp in Movie
00:18:47
Uploaded
Apr 28, 2025
Season
1
Episode
1
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 I mostly have to watch it on DVDs afterwards - Steinheist 00:08
I mostly have to watch it on DVDs afterwards
S01 • E03 I do believe that there was a limited sharing of information - Steinheist 00:07
I do believe that there was a limited sharing of information
S01 • E03 You must bear in mind that, at least in my view, - Steinheist 00:08
You must bear in mind that, at least in my view,
S01 • E01 Foreign investment opportunities presented themselves - Steinheist 00:19
Foreign investment opportunities presented themselves
S01 • E02 I'm past that stage where you can still understand the internet but... - Steinheist 00:05
I'm past that stage where you can still understand the ...
S01 • E02 Yes, so I mean, to attend racing in Europe is something that I would like to do. - Steinheist 00:06
Yes, so I mean, to attend racing in Europe is something that...
S01 • E03 So therefore, if you grow that false profit every year, no person, - Steinheist 00:16
So therefore, if you grow that false profit every year, no p...
S01 • E02 So we decided about three years ago to expand. - Steinheist 00:05
So we decided about three years ago to expand.
S01 • E02 I've been involved in horse racing for a long time, - Steinheist 00:05
I've been involved in horse racing for a long time,
S01 • E02 I sobered up and decided, - Steinheist 00:09
I sobered up and decided,
S01 • E01 Bruno was a very tactile individual. He understood furniture. - Steinheist 00:07
Bruno was a very tactile individual. He understood furniture...
S01 • E03 From my side, I'm also deeply saddened - Steinheist 00:11
From my side, I'm also deeply saddened
S01 • E02 In 2005, I was voted onto the Racing Association. - Steinheist 00:07
In 2005, I was voted onto the Racing Association.
S01 • E01 He understood accounting, he understood the finance side of the business. - Steinheist 00:05
He understood accounting, he understood the finance side of ...
S01 • E01 So he believed that with Markus's financial background - Steinheist 00:10
So he believed that with Markus's financial background
S01 • E03 From my side, I also do not think I did anything deliberately wrong. - Steinheist 00:06
From my side, I also do not think I did anything deliberatel...
S01 • E02 And when I arrived on the board, I boxed a lot with Markus. - Steinheist 00:04
And when I arrived on the board, I boxed a lot with Markus.
S01 • E03 Ben la Grange, Steinhoff's former CFO, - Steinheist 00:27
Ben la Grange, Steinhoff's former CFO,
S01 • E02 Mr Jooste was very enthusiastic. - Steinheist 00:17
Mr Jooste was very enthusiastic.
S01 • E01 The business model appears very sound. - Steinheist 00:11
The business model appears very sound.