THE LEX COLUMN: Amazon: on the margin 🔒
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In gripping testimony before the inquiry into the PIC, recently suspended assistant portfolio manager Victor Seanie named former CEO Dan Matjila as a key driver in pushing the controversial Ayo Technology Solutions transaction.
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Recently suspended assistant portfolio manager Victor Seanie told the inquiry into the Public Investment Corporation that Dan Matjila was a key driver in pushing the controversial Ayo Technology Solutions transaction without following due processes.
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The PIC invested R4.3-billion in Ayo Technology Solutions, linked to Independent Media owner Iqbal Surve, when AYO initially listed on the JSE in December 2017. This is despite an internal view that the company was overvalued.
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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.
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THE LEX COLUMN: Health pundits starting a food fightAn international panel is blaming profit maximisation for destroying the health of people and the planet
Read more »