Newsletter| Court papers implicate former ANC treasurer-general Zweli Mkhize in kickbacks worth R4.5 million for facilitating deals with the Public Investment Corporation. Mkhize is alleged to have repeatedly used his influence to help facilitate the deals
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Suspended PIC employee 'being used as scapegoat' for PIC, Ayo dealVictor Seanie was suspended last week along with the head of listed investments Fidelis Madavo for their involvement in the R4,3 billion investment.
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These are the officials implicated in the PIC inquiry so farSeveral Public Investment Corporation executives are among the individuals implicated at the inquiry into the country's state-owned asset manager.
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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.
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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.
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