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This week, Steinhoff said it could
not publish its full year results because its auditor, Deloitte,
refused to sign off on them. When the audit firm was probed about why
it did not put ink to paper, it said... "Due to our client
confidentiality obligations as well as the ongoing investigations,
we are unable to comment at this time. All questions should be referred to
Steinhoff International Holdings." Auditors do not
not publish its full year results because its auditor, Deloitte,
refused to sign off on them. When the audit firm was probed about why
it did not put ink to paper, it said... "Due to our client
confidentiality obligations as well as the ongoing investigations,
we are unable to comment at this time. All questions should be referred to
Steinhoff International Holdings." Auditors do not
Full Transcript
00:00:01.000 --> 00:00:05.016
This week, Steinhoff said it could
not publish its full year results
00:00:05.161 --> 00:00:09.999
because its auditor, Deloitte,
refused to sign off on them.
00:00:09.001 --> 00:00:15.279
When the audit firm was probed about why
it did not put ink to paper, it said...
00:00:15.028 --> 00:00:18.799
"Due to our client
confidentiality obligations
00:00:18.008 --> 00:00:23.839
as well as the ongoing investigations,
we are unable to comment at this time.
00:00:23.084 --> 00:00:28.006
All questions should be referred to
Steinhoff International Holdings."
00:00:31.119 --> 00:00:32.759
Auditors do not...
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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...