Two former executives at Ayo Technology Solutions explained how Iqbal Survé was the ultimate decision-maker despite only being a shareholder.
Siphiwe Nodwele told the PIC inquiry that its chairperson Iqbal Surve ran it like his fiefdom. Courtesy #DStv403
PRETORIA - The PIC inquiry's heard how Ayo Technology executives Siphiwe Nodwele and Kevin Hardy were instructed to move over R400-million into the account for 3 Laws Capital, owned by media mogul Iqbal Survé.Nodwele has also told the inquiry independent board members appointed for Ayo seemed to be Surve's close friends.Hardy became emotional when he testified about an alleged bribe Surve offered him.
"All our expenses would be covered including school fees, chauffeur at our beck and call, etc,” Hardy said. “I respectfully declined the offer which was an outright bribe and said that I would not be able to convince my wife to move to Cape Town and that she wanted me to have nothing to do with him."
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