UDM leader Bantu Holomisa wants more time and resources for the commission, and for it to not be ‘compromised’
UDM president Bantu Holomisa. Picture: DAILY DISPATCH/MARK ANDREWS
Mpati is being assisted by former Reserve Bank governor Gill Marcus and investment banker Emmanuel Lediga. They are expected to deliver their final report to Ramaphosa by the middle of April. The UDM went to court last year to request that Daniel Matjila, the previous CEO of the PIC, be suspended until an investigation into a number of controversial deals the PIC invested in, and which had been publicised, was concluded. Matjila resigned from the PIC in November last year.
The president appeared to have agreed, appointing commissioners and establishing wide-ranging terms of reference in October last year —but the commission only began formal hearings in the middle of January.
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