ZweliMkhize’s ‘involvement’ in PIC corruption shows there is no ‘good ANC’ – DA
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WATCH: Suspended PIC executive details victimisation at PICA probe into allegations of wrongdoing at the Public Investment Corporation continues.
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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.
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Dan Matjila and Iqbal Survé were good friends, PIC inquiry hearsThe investment into Media mogul Iqbal Survé’s Ayo Technology company has once again come under the spotlight at the PIC commission of inquiry.
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PIC bosses 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.
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JUST IN: PIC to investigate acting head, two directors after fresh allegationsState asset manager the Public Investment Corporation says it will investigate 'allegations of impropriety' against its acting chief executive officer and two non-executive directors.
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PIC board tells Mboweni they’ve resignedThe nine-member board reportedly wrote a letter to Finance Minister Tito Mboweni, saying that recent events have destabilised the institution.
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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.
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Secret tape reveals how Iqbal Survé plotted to hide key info from PIC in Ayo dealAn explosive secret recording has revealed how media owner and businessman Iqbal Survé colluded to withhold key information from the Public Investment Corporation (PIC) that led to the fund manager controversially investing R4.3bn of government pension money in one of his companies.
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