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We as South Africans said,
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Steinheist

We as South Africans said, "Not ourMarkus. They must have it wrong." I think it was a...

We as South Africans said, "Not our
Markus. They must have it wrong." I think it was a little bit
like, you know, this was our guy

Full Transcript

00:00:01.000 --> 00:00:04.999
We as South Africans said, "Not our Markus. They must have it wrong."
00:00:05.000 --> 00:00:08.024
I think it was a little bit like, you know, this was our guy.
Duration
8 seconds
Views
27
Timestamp in Movie
00:08:25
Uploaded
Apr 29, 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 We did have the resources to go full steam ahead - Steinheist 00:10
We did have the resources to go full steam ahead
S01 • E01 Going to school in Stellenbosch, going to university in Stellenbosch, - Steinheist 00:15
Going to school in Stellenbosch, going to university in Stel...
S01 • E02 And Markus was flying the flag for South Africa in many ways. - Steinheist 00:15
And Markus was flying the flag for South Africa in many ways...
S01 • E01 So Stellenbosch’s role in the economy, - Steinheist 00:09
So Stellenbosch’s role in the economy,
S01 • E03 There were smaller guys, various investors, - Steinheist 00:09
There were smaller guys, various investors,
S01 • E02 And if the analysis that was done made it easier to believe, - Steinheist 00:08
And if the analysis that was done made it easier to believe,
S01 • E03 So, a lot of the guys who had shares in this growing company - Steinheist 00:06
So, a lot of the guys who had shares in this growing company
S01 • E01 So Stellenbosch is one of the oldest towns in South Africa. - Steinheist 00:19
So Stellenbosch is one of the oldest towns in South Africa.
S01 • E03 In total I lost quite a few million from Steinhoff, which is really a lot of money. - Steinheist 00:07
In total I lost quite a few million from Steinhoff, which is...
S01 • E03 Hard-earned money that my wife and I worked for in our various businesses - Steinheist 00:10
Hard-earned money that my wife and I worked for in our vario...
S01 • E02 I believed Steinhoff was a great company. - Steinheist 00:05
I believed Steinhoff was a great company.
S01 • E02 And I read a lot of analyst reports which analysed Steinhoff and recommended a buy. - Steinheist 00:07
And I read a lot of analyst reports which analysed Steinhoff...
S01 • E03 When things go wrong, it's human nature to play the blame game. - Steinheist 00:05
When things go wrong, it's human nature to play the bla...
S01 • E01 It's the place where Afrikaner nationalism, - Steinheist 00:09
It's the place where Afrikaner nationalism,
S01 • E01 And then, post 1994, - Steinheist 00:09
And then, post 1994,
S01 • E03 Questions have been asked about - Steinheist 00:09
Questions have been asked about
S01 • E03 These are the kind of people who we, as the public, - Steinheist 00:07
These are the kind of people who we, as the public,
S01 • E01 You know, it's so much easier to do business - Steinheist 00:14
You know, it's so much easier to do business
S01 • E03 It's not only Christo Wiese and the board and the auditors. - Steinheist 00:12
It's not only Christo Wiese and the board and the audit...
S01 • E02 I know several of the board that served at that time personally. - Steinheist 00:06
I know several of the board that served at that time persona...