Email trail between Iqbal Survé and ex-PIC head Dan Matjila probed at PIC inquiry | Fin24
An email 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.Evidence leader Advocate Jannie Lubbe started by asking Survé about his involvement in the listing of AYO Technology Solutions on the JSE and the attempted listing of another technology company, Sagarmatha.
Survé is not on the boards of Sagarmatha or AYO, although he is the head of Sekunjalo, which has a stake in both companies. When prompted by Lubbe, Survé denied that the deals were in fact negotiated between him and Matjila. The emails, which were shared with the commission, contained valuation estimates of Sagarmatha carried out by US-firm Redwood Valuation Partners.
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