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They're called off balance sheet
transactions, an accounting loophole that can be used to enhance the
company's apparent profitability
transactions, an accounting loophole that can be used to enhance the
company's apparent profitability
Full Transcript
00:00:01.000 --> 00:00:05.477
They're called off balance sheet
transactions, an accounting loophole
00:00:05.478 --> 00:00:10.278
that can be used to enhance the
company's apparent profitability.
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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...