Business Day journalist Warren Thompson talks to Business Day TV about Ayo Technology, its executives and its relationship with the PIC
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WATCH LIVE: Iqbal Surve details Ayo deal at PIC inquirySekunjalo chairperson Iqbal Surve continues giving testimony at the PIC inquiry on the Ayo investment.
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PIC inquiry hears how Ayo executives were instructed to move R400mTwo former executives at Ayo Technology Solutions explained how Iqbal Survé was the ultimate decision-maker despite only being a shareholder.
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Investment by PIC into AYO remains viable | IOL Business ReportPIC into AYO was a viable investment and remains a viable investment, the PIC Commission of Inquiry was told on Tuesday.
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Survé: All Ayo Technology's deals with PIC above boardA number of companies linked to Iqbal Survé that received billions in funding from the Public Investment Corporation (PIC) came under scrutiny on Wednesday at the PIC inquiry.
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Email trail between Iqbal Survé and ex-PIC head Dan Matjila probed at PIC inquiryEmail correspondence trail between Iqbal Survé, the head of the Sekunjalo Group, and axed head of the Public Investment Corporation Dan Matjila came under scrutiny on the second day of Survé's testimony before the PIC inquiry.
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WATCH LIVE | Iqbal Survé in hot seat at PIC inquiryBusinessman Iqbal Survé is testifying at the Commission of Inquiry into the Public Investment Corporation on Wednesday.
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Survé: Recordings of meetings with Ayo execs unlawfulThe recordings provided to the Public Investment Corporation (PIC) inquiry allegedly reveal how Iqbal Survé and Ayo executives colluded to withhold crucial information from the PIC about the deal.
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#PICInquiry: 'AYO a victim of a smear campaign' | IOL Business ReportDr Iqbal Survé told the Mpati Commission of Inquiry there was nothing wrong with AYO and its operations.
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Iqbal Survé & Co reap more Ayo ‘profits’Ayo Technology Solutions, the company tied to mogul Iqbal Survé, that controversially received R4.3 billion from the Public Investment Corporation (PIC), will dramatically hike its dividends even though profits are still mostly derived from interest on the PIC’s cash.
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Business Maverick: Ayo Ex-CIO Says South African Company Is Partly IllegitimateAyo Technology Solutions Ltd. is at least partly an illegitimate business and has fabricated financial statements even while securing a R4.3-billion investment by the Public Investment Corporation, according to Ayo’s former chief investment officer.
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