Former PIC executive tackles Holomisa’s PICinquiry claims
The chairperson of Lebashe Investment Group and chief executive officer of Harith General Partners, Tshepo Mahloele, is in the hot seat on Tuesday to provide his testimony to allegations made against Harith Fund Managers, Harith General Partners, and Lebashe Investment Group by United Democratic Movement leader Bantu Holomisa.
Holomisa maintained he did not have access to statements and documents from the companies. The inquiry was asked by Holomisa’s lawyer, Tembeka Ngcukaitobi, to make Lebashe statements and documents available to Holomisa. Ngcukaitobi argued that it would be putting Holomisa in a difficult situation, having to answer questions with limited information.
The inquiry adjourned with Ngcukaitobi saying they would wait for evidence leader advocate Lubbe to cross-examine Lebashe directors before they decided to apply for cross-examination. The inquiry heard how Harith Fund Managers was set up in 2007 to manage investments of Pan African Infrastructure Development Fund. Harith General Partners was later set up to raise money.
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