State-owned asset manager rebuffs ultimatum issued by Sekunjalo boss
The war of words between the Public Investment Corporation and Sekunjalo Investment Holdings chair Iqbal Survé intensified on Wednesday, with the state-owned asset manager rebuffing Survé’s ultimatum that it withdraw comments it made in parliament or face court action.
Shortly after the PIC released a statement on the matter, Survé released a copy of the letter of demand sent to acting PIC CEO Vuyani Hako demanding a retraction of statements made by PIC acting head of legal affairs Lindiwe Dlamini in a briefing to parliament's finance committee on Tuesday.
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