I was never guilty of doing any wrong from the start
More and more commissions of inquiry are looking into allegations of corruption in SA — and the law needs to take its course so those who are found guilty are held to account for what they have done.
That’s what happened recently when the story was published about the suspension of the COO of the Public Investment Corporation , SA’s largest state-owned asset manager which oversees an estimated R2.3-trillion in state employees’ pension funds . I was a member of the PIC board that resigned en masse in February 2019 after allegations of impropriety surrounding a number of large transactions emerged. One was the R6.2bn Karan Beef deal, which was presented for approval to a committee I chaired.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LETTER: Sanral board’s lack of experience is costlyA restructuring is needed because none of the directors is a registered professional civil engineer
Read more »
LETTER: Complete transparency is essentialIt would be churlish to expect importers in the poultry industry to hold their prices after being hit by an avalanche of tariff increases
Read more »
LETTER: Gauteng needs to focus on mental healthThe soaring suicide rate highlights gaps in the province’s approach
Read more »
LETTER: PIC can take over canning factory to save jobsThe Langeberg facility near Ceres is inherently viable and if rescued will again be profitable
Read more »