An employee of the PIC claims he has been used as a scapegoat for senior executives of the organisation as a result of the Ayo investment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Suspended PIC employee 'being used as scapegoat' for PIC, Ayo dealVictor Seanie was suspended last week along with the head of listed investments Fidelis Madavo for their involvement in the R4,3 billion investment.
Read more »
AYO welcomes PIC inquiry, blames media for 'defamatory reporting'AYO Technology Solutions Limited welcomes the commission of inquiry probing allegations of impropriety in the PIC.
Read more »
PIC board accused of using employee as scapegoat for Ayo investmentAn employee of the PIC claims he has been used as a scapegoat for senior executives of the organisation as a result of the Ayo investment.
Read more »
Suspended PIC exec blames ex-CEO Dan Matjila for controversial Ayo transactionThe PIC’s R4.3 billion investment in Ayo is just one of the transactions being scrutinised at the commission.
Read more »
PIC invested in Ayo because of CEO friendship: witnessVictor Seanie testified the friendship between former PIC CEO Dan Matjila and Ayo owner Iqbal Survé was the reason for the investment.
Read more »
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
Read more »
WATCH: Suspended PIC executive details victimisation at PICA probe into allegations of wrongdoing at the Public Investment Corporation continues.
Read more »
Dan Matjila responsible for disastrous Ayo investmentThe PIC's head of internal audit says Dan Matjila is responsible for the investment into Ayo Technolgy Solutions.
Read more »
In City Press Business: Transnet and a R4.2 billion Durban port tender, Davos, PIC and Ayo as well as ZimbabweIn City Press Business: Transnet and a R4.2 billion Durban port tender screw-up, what went down in Davos, How the PIC ignored Ayo alarm bells as well as why Zimbabwe is looking towards SA to help ease their economic crisis
Read more »