Matshepo More has been placed on precautionary suspension 'to ensure free participation of staff in the Commission of Inquiry process'.
Matshepo More has been placed on precautionary suspension ‘to ensure free participation of staff in the Commission of Inquiry process’.
The Public Investment Corporation has confirmed its board has placed the asset manager’s acting chief executive on precautionary suspension. “Allegations pertaining to interference with the process of the Commission of Inquiry were brought to the attention of the PIC Board,” a statement from the PIC said.
“The Board deliberated on the matter and concluded that to ensure free participation of staff in the Commission of Inquiry process, to place Ms Matshepo More on precautionary suspension with immediate effect.”
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.
JUST IN: PIC board suspends acting CEO Matshepo More | IOL Business ReportMore has been in the media recently after being implicated in corruption by a whistle-blower, who goes by the pseudonym James Nogu/Noko.
Read more »
PIC witness testifies to unlawful treatmentPIC Communications Manager Nomzamo Petje says she suffered unlawful treatment at the hands of PIC management.
Read more »
PIC Acting CEO suspended over claims of tampering with inquiryThe Public Investment Corporation’s (PIC) acting CEO Matshepo More has been placed on precautionary suspension, following allegations that she was interfering in processes related to the commission of inquiry into the asset manager.
Read more »
PIC acting CEO suspendedThe PIC board says it wants to ensure the free participation of staff in the PIC inquiry process.
Read more »
Mpati commission queries PIC finder’s payment🔒 The PIC eventually invested $63-million in debt and equity between 2014 and 2016 and a $1.7-million referral fee was paid to Zaid International Trade Agreements, on the full sum of the transaction of $115-million.
Read more »
How deal pitched by Nene’s son to the PIC went wrongThe PIC's controversial investment into the S&S Refinery in Mozambique did not have the benefit of a proper accounting system or staff according to testimony on Monday.
Read more »
WATCH LIVE: PIC exec returns to inquiry with more revelationsPIC's executive head of impact investment Roy Rajdhar returns to the PIC inquiry.
Read more »
Holomisa calls on Cyril Ramaphosa to better support PIC inquiryUDM leader Bantu Holomisa wants more time and resources for the commission, and for it to not be ‘compromised’
Read more »