Justice Lex Mpati
latest news & developments
PIC commission – Matjila acted improperly in Ayo deal
The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in…
Dan Matjila’s grand plans to save Eskom
The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations
I did not spy on PIC employees, says Matjila
The former PIC CEO denies overseeing a climate of fear at the PIC
Was Edcon saved to secure votes?
The former PIC boss alludes to political interference in some of the state asset manager’s investments
Holomisa claims Matjila failed to declare millions received from VBS
The UDM leader wants the PIC inquiry to probe millions allegedly received by former PIC CEO, Dan Matjila
Matjila didn’t tell me about Ayo deal, More alleges
Suspended acting CEO says former PIC CEO Dan Matjila did not tell her about the multibillion rand deal before it was signed off
Leaked WhatsApps: How access to PIC execs may have facilitated deals
Leaked messages show how, Lawrence Mulaudzi, gained an inside track with the PIC setting his sights on becoming a billionaire with pensioners’ money.
Adjusted Ayo finacial statements being audited, PIC inquiry hears
The ICT company has denied wrongdoing, however, the JSE has ordered an audit of the financial statements
Survé denies any personal relationship with Matjila
Under oath, the media owner appeared to contradict an earlier interview with the M&G
How mystery changes to a R350m VBS loan cost the PIC millions
VBS is bankrupt and was liquidated in November, after being placed under curatorship by the South African Reserve Bank in March 2018
Acting PIC CEO suspended for ‘interfering’ with commission
The state asset manager did not divulge the nature or extent of the alleged interference Matshepo More is alleged to have caused
PIC commission to continue as key Ayo repayment court order expected
Key judgement affecting Surve-linked Ayo is set to be handed down on Monday, as PIC witness identities kept under wraps due to safety concerns
Holomisa: BEE not worth risking state worker pensions
The UDM leader says the Mpati commission should proactively investigate the PIC’s unlisted investments
Alarm over PIC Bill pressure
Trade unions fear a late bid to stall the legislation but key aspects have come up at the Mpati commission
State asset manager losing skilled investment professionals, PIC commission hears
The PIC is struggling to retain skilled investment professionals due to non-competitive salaries and management meddling in investments