MAGDA WIERZYCKA: Ayo, Ayo, it’s off to court we go 🔒
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.
LISTEN | Iqbal Survé hid 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.
Read more »
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.
Read more »
Fedusa acts against Dennis George over his acquisition of Ayo sharesThe general secretary of Fedusa is accused of acquiring the shares through his company, Difeme, which received pre-listing Ayo shares at R1.50 compared with the R43 a share paid by the PIC
Read more »
The PIC invested R4.3-billion in Ayo Technology Solutions, when AYO initially listed on the JSE in December 2017, despite an internal view that the company was overvalued.
Read more »
In City Press Business: Eskom needs new model, how PIC invested R4.3bn in Ayo without having the moneyIn City_Press Business today: How PIC agreed to invest R4.3 billion in Ayo without having the money to do so; Eskom urgently needs new model, says COO Jan Oberholzer; Tito Mboweni may be getting ready to announce large increase in Road Accident Fund levy
Read more »
Fedusa suspends general secretary implicated in dodgy PIC dealDennis George is facing allegations that he personally benefitted in the controversial R4.3 billion deal between the Public Investment Cooperation and Ayo Technology Solutions.
Read more »