Deputy Minister of Finance Mondli Gungubele says he’s done nothing wrong and “welcomed the opportunity to clear his name once and for all” in the face of new PIC allegations
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Gungubele will not appear before PIC commission, for nowThe PIC’s commission into issues of impropriety at the state asset manager will continue on Monday, but the chair of the board, deputy finance minister Mondli Gungubele, is not on the list of witnesses set to appear before the commission.
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WATCH: Suspended PIC executive details victimisation at PICA probe into allegations of wrongdoing at the Public Investment Corporation continues.
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PIC ignored alarm Ayo raisedThe PIC board, chaired by Deputy Finance Minister Mondli Gungubele, largely ignored the alarm raised by its internal audit unit about the R4.3 billion worth of Ayo Technology Solutions shares it had acquired
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The role of the deputy finance minister as the chair of the board of the Public Investment Corporation exposes the institution to political meddling, the Mpati commission of inquiry heard on Tuesday.
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ICYMI: The role of the deputy finance minister as the chair of the board of the Public Investment Corporation exposes the institution to political meddling, the Mpati commission of inquiry heard on Tuesday.
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Former non-executive PIC director Claudia Manning told the Mpati commission of inquiry on Tuesday that the role of the deputy finance minister as the chair of the PIC board exposes the institution to political meddling.
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PIC: Taylor Swift reveals her Cats character in icy snapTaylor Swift’s character in Tom Hooper's Cats movie has finally been revealed.
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