Paul Magula

 
Brian Shivambu ordered to pay R1.8m for unpaid VBS loan
Brian Shivambu ordered to pay R1.8m for unpaid VBS loan
Brian Shivambu, a VBS Mutual Bank beneficiary and brother of Economic Freedom Fighters (EFF) deputy commander-in-chief Floyd Shivambu, has been...
VBS’s fuel scheme lost PIC millions
VBS’s fuel scheme lost PIC millions
The Public Investment Corporation (PIC) lost almost half a billion rand in a scheme aimed at empowering black fuel suppliers — courtesy of...
Holomisa claims Matjila failed to declare millions received from VBS
Holomisa claims Matjila failed to declare millions received from VBS
The Public Investment Corporation’s (PIC) former chief executive Dan Matjila should be investigated over allegations he did not declare the...
I had no role in PIC’s Ayo investment says suspended acting CEO
I had no role in PIC’s Ayo investment says suspended acting CEO
Matshepo More, the suspended Public Investment Corporation (PIC) acting chief executive, has denied she played a role in the approval of the...
Leaked WhatsApps: How access to PIC execs may have facilitated deals
Leaked WhatsApps: How access to PIC execs may have facilitated deals
Leaked messages show how a little-known businessman, Lawrence Mulaudzi, gained an inside track with the PIC and its then-CEO, Dan...
Former PIC officials implicated in VBS heist banned from financial services sector
Former PIC officials implicated in VBS heist banned from financial services sector
Two former Public Investment Corporation (PIC) officials have been debarred from the financial services sector after they were found to be unfit...
Read the unembargoed March 15 - 21 edition of the M&G
Read the unembargoed March 15 - 21 edition of the M&G
When Paul Magula testified this week about malfeasance, he should have recalled what he reportedly told the VBS investigators
PIC man digs himself a deep hole
PIC man digs himself a deep hole
Former Public Investment Corporation (PIC) head of risk and compliance Paul Magula could find himself in hot water as details emerge that he might...
Former PIC executive denies wrongdoing in VBS looting
Former PIC executive denies wrongdoing in VBS looting
Paul Magula, a former risk and compliance executive who was sacked by the Public Investment Corporation (PIC) for failing to protect its...
ANC: Heads must roll over 'alarming' VBS Mutual Bank report
ANC: Heads must roll over 'alarming' VBS Mutual Bank report
The ANC has welcomed a final investigation report into large-scale fraud at VBS Mutual Bank, saying heads must roll where there was any wrongdoing....
Ramaphosa to appoint commission of inquiry to probe PIC
Ramaphosa to appoint commission of inquiry to probe PIC
President Cyril Ramaphosa has agreed to appoint a commission of inquiry into alleged impropriety at the Public Investment Corporation (PIC), the...
Court gags Holomisa over PIC corruption claims
Court gags Holomisa over PIC corruption claims
UPDATE: The Pretoria high court granted an order gagging UDM leader Bantu Holomisa from continuing to allege that a major BEE investment firm,...