...there's nothing genius here. Cristo and co. thought they would benefit from the scheme before it went bust. Now they are paying the price or this is still part of a big plot, the money is long gone.
It's not as simple as that. The Lanzerac farm for example. It was a farm owned by Christo Wiese and Markus Jooste convinced Wiese to sell the property to 'investors' by receiving Steinhoff shares in return. That was always Jooste's deals - to swop things for Steinhoff shares. But then it turns out that there were no 'investors' and that the property was actually just transferred over to Jooste and his crooked associates. So I mean.
Am I correect in saying shareholders are getting 8.75 cents to the Rand back??? THATS A DISGRACE. Why Is Stwinhoff allowed to continue to operate? SURELY, it should be liquidated so that we all rwceive the maximum possible that we are owed
Wiese just chose to not dig deeper into Craig Butters analysis. The argument that 20 other analysts disagreed with Butters already should have confirmed a smokescreen to something sinister. This whole fiasco and rot would have stopped by 2009. #Steinhest
its still continuing. Auditor being paid enormous fees for Auditing. Directors. salaries in the millions. Wonder why Wiese is not on tbe board anymore. He could have made a couple of M extra. Cape town Clan....
@@nickblankevoort9786 Who knows, I just don't buy the "there was nothing to suggest anything was going wrong" attitude. It beggars belief. What does this do to the reputation and image of SA executives in the international arena? Will they be viewed as easily gullible, negligent in their due diligence processes or just a pure shady lot?
Zuma did not steal any billions..This Joeste thug stole 10ns of billions of rands from Steinhorf and even in Germany they talk about him...He is going to jail...He must thank his fellow thug Cyril for trying to protect him all these 6ears...
THE S.A.R.B is the reason why small trading compony cant makes money for the poorer people ...the poor people must stay poor but they S.A.R.B they wil make sure they and they people wil get richer😢😢😢
It's a start but let's start with our ruling party for every single south African and every single tax payer can we see some bee ppl parties companies and individuals proven guilty stopped!!!!!
Imagine if DA ANC official was to obfuscate and talk such nonsense and tell us that over a decade fraud was committed and the chairman is not responsible 🙄the Guptas were very clever 🤣therefore don't prosecute Zuma
Small fry..? This thief stole more than R400 billion and is also a wanted criminal in Germany...He is a number 1 thug and no single person has stolen this so much money in the history of this country...
A pity that Wiese was not asked about the theory of him exporting his assets out of SA through Steinhoff and it failed badly.
Ah you know he sponsors Sanef, they won't be confrontational with him, that's why he allows them to interview him. It's scripted.
Interesting that a chairman accepted no responsibility
I don't think he is a normal claimant. In fact I think Wiese is as responsible. Surely the chair must accept some responsibility.
If Christo appointed a lot forensic analysts to investigate Markus Jooste’s work and couldn’t find anything, surely this guy is a genius thief.
Indeed he is very very crooky intelligent
...there's nothing genius here. Cristo and co. thought they would benefit from the scheme before it went bust. Now they are paying the price or this is still part of a big plot, the money is long gone.
Surely 😂
Why don't they apply the Magnitsky Act. What about the banks involved????
These People that produce nothing and have so much money are criminals at best.
Produce nothing!! Lol
These people who "produce nothing" are the difference between the Rand and Zimbabwean dollar.
All these 'auditors', all having big titles and they can't balance the books of anything because there's so much money missing, everywhere.
Trust ... in the brotherhood. Them and their ilk are no better than the current brothers. All birds of a feather.
Jooste is the fall guy for Wiese...no ways would you give billions to some guy and hope he looks after your money and never monitor it closely
It's not as simple as that.
The Lanzerac farm for example. It was a farm owned by Christo Wiese and Markus Jooste convinced Wiese to sell the property to 'investors' by receiving Steinhoff shares in return. That was always Jooste's deals - to swop things for Steinhoff shares. But then it turns out that there were no 'investors' and that the property was actually just transferred over to Jooste and his crooked associates. So I mean.
I've seen people killed for alot less...some days I'm amazed Jooste hasn't seen the same fate as Gavin Watson from Bosasa.
Enjoyed watching how it unfolded in Steinheist- Balanced view provided by Rob Rose. No consequences for fraud done in the private sector!
Am I correect in saying shareholders are getting 8.75 cents to the Rand back??? THATS A DISGRACE. Why Is Stwinhoff allowed to continue to operate? SURELY, it should be liquidated so that we all rwceive the maximum possible that we are owed
Jooste is too clever for these minnows. Lets watch this space.
Remember that Jooste does not determine JSE prices, the shareholders do that.
He is a clever thug..but he has nowhere to run..
He is going to jail
Wiese is protected by his fellow clan members. He lost nothing, and stole merily with Jooste, but he is to big to fall or fail.
He claims he lost 5 billion dollars
Mr. Wiese lost R60 billion in the blink of an eye in December 2017...ouch!
The SA Government should appoint Markus Jooste as yhe next SA PREMIER 😊
I don't trust Wiese completely 🤷🏼♀️🙆🏼♀️🤦🏼♀️
"The Reserve Bank has enormous power"??? Why? Why does a banking system have this type of power and who gave it to them?
Lender of last resort.
The SA government. Ramaphosa gave them this power in 2018
It's sad to see Markus being the only fall guy, I mean the guy couldn't pull all this fraud alone
You underestimate the powers of a CEO and the only thing sad is your concern for Markus.
Nothing sad about Markus. PITY medieval torture has been banned, i would have travelled miles to see him hanged drawn and quartered..
Poor questions, repeating questions from the documentary.not in depth
They should cease everthing from Joste
Markus played Wiese brilliantly for many years. Then when the time was right, he pounced. Many others got sucked in also. Go Markus Go !
When is the reserve bank going to claim their money Zuma owes for legal fees
What a trashy argument, you cannot defend this white thug by referring to Zuma
A Master Narcissist indeed.
One thief on another thief.
Mxm nothing to see here.
Wiese just chose to not dig deeper into Craig Butters analysis. The argument that 20 other analysts disagreed with Butters already should have confirmed a smokescreen to something sinister. This whole fiasco and rot would have stopped by 2009. #Steinhest
its still continuing. Auditor being paid enormous fees for Auditing. Directors. salaries in the millions. Wonder why Wiese is not on tbe board anymore. He could have made a couple of M extra. Cape town Clan....
@@nickblankevoort9786 Who knows, I just don't buy the "there was nothing to suggest anything was going wrong" attitude. It beggars belief. What does this do to the reputation and image of SA executives in the international arena? Will they be viewed as easily gullible, negligent in their due diligence processes or just a pure shady lot?
@@nickblankevoort9786 nice life problems
Lifestyle s of the actual rich and famous financial parasite s.
where are his orange overalls?
We know he should be in jail just like Zuma. Both are not. I ask why not.
Why not
Zuma did not steal any billions..This Joeste thug stole 10ns of billions of rands from Steinhorf and even in Germany they talk about him...He is going to jail...He must thank his fellow thug Cyril for trying to protect him all these 6ears...
Where there is smoke, there is...Clearly this is a big bouys game!
I thought that was DeKlerk
😂 same with me
Me too 😂😂
THE S.A.R.B is the reason why small trading compony cant makes money for the poorer people ...the poor people must stay poor but they S.A.R.B they wil make sure they and they people wil get richer😢😢😢
This is Jooste he is not to be trusted he is a crook
Mothaka o na vaya dingaka(sangoma} tse distrong. Ha gona bo clever genius.
R200BLN corruption
Has anybody asked Wiese about his interest in the Dutch company of 5 board members, no staff and $billions created by Jooste.
Biggest thugs...
Oh well, better late than never....
This interviewer Francis is the worst I have ever had to watch and listen to. Give us a break
For a minute I thought it's fw deklerk
This whole saga is sooo sad. 😢😢
It's a start but let's start with our ruling party for every single south African and every single tax payer can we see some bee ppl parties companies and individuals proven guilty stopped!!!!!
Joeste is an international thug , he is a wanted criminal overseas too....He stole more than R400 billion from investors..
Imagine if DA ANC official was to obfuscate and talk such nonsense and tell us that over a decade fraud was committed and the chairman is not responsible 🙄the Guptas were very clever 🤣therefore don't prosecute Zuma
But the anc gets away with everything
Big money = big problems
Trust 🤷🏼♀️⁉️🤔🤔🤔 Suspicious ‼️🇿🇦
All lies
why are the auditors accountability.?
Why don't you give mr Wiese the opportunity to greet you and the listeners?
I like this guy
Jooste is the fall guy
Can we get some freaking anc comrades assets siezed please for God's sake he is small. Fry compared to anc come on
Small fry..? This thief stole more than R400 billion and is also a wanted criminal in Germany...He is a number 1 thug and no single person has stolen this so much money in the history of this country...
Thanks Wiesse
And NOW, Fate has taken its toll.
The Questioning is just terrible you
Was paying with his life worth it wonder.....just like Watson?
😂😂😂😂 Thabo Bester 2.
Weise
Sorry but wide is as guilty as jooste