Controversial media boss and businessman Iqbal Survé told the commission of inquiry into the Public Investment Corporation (PIC) on Tuesday he had no personal relationship with former chief executive Dan Matjila.
Controversial media boss and businessman Iqbal Survé told the commission of inquiry into the Public Investment Corporation on Tuesday he had no personal relationship with former chief executive Dan Matjila.
Survé told the commission the relationship with Matjila was “in the context of being chairman, not as a social friend”. “The listing did not proceed because the Companies and Intellectual Property Commission had raised an issue with one of the subsidiary companies - and I can only say that is disgraceful and in bad faith, but there is no basis for them to do it. They did it because our competitors, Tiso BlackStar, Business Day, eNCA and the others as they continue to do blatantly but negative propaganda in the public space where it forces the JSE to look for a reason to stop enlisting.
Seanie told the commission of a meeting in April 2018, with the PIC’s listed equities team to discuss a transaction into Sagarmatha, during which Survé said: I consider him [Matjila] a good friend.”
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