How PIC ‘robbed’ Paul for Peter

The Public Investment Corporation agreed to invest R4.3bn in Ayo Technology Solutions, the IT group in which Iqbal Survé holds a large indirect stake, on behalf of the Government Employees’ Pension Fund – without having the money it needed to do so

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

City_Press /  🏆 7. in ZA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PSA welcomes PIC board resignationThe Public Servants Association has welcomed the resignation of the Public Investment Corporation's board.
Read more »

LIVE VIDEO: Surprise witnesses expected at PIC inquiryA probe into allegations of wrongdoing at the Public Investment Corporation continues.
Read more »

[WATCH LIVE] Suspended PIC exec Victor Seanie gives evidence at inquirySuspended PIC executive Vic Seanie is giving evidence at the inquiry into the Public Investment Corporation.
Read more »

WATCH: Suspended PIC executive details victimisation at PICA probe into allegations of wrongdoing at the Public Investment Corporation continues.
Read more »

The role of the deputy finance minister as the chair of the board of the Public Investment Corporation exposes the institution to political meddling, the Mpati commission of inquiry heard on Tuesday.
Read more »

PIC said to call urgent meeting, inquiry extendedThe Public Investment Corporation has called an emergency board meeting, following a report of fresh corruption allegations against a board member.
Read more »