Mail & Guardian
Mail & Guardian
lex mpatilatest news & developments
University of Cape Town. Photo: Supplied

UCT council chair Ngonyama quits after panel urges her removal

Ngonyama filed court papers claiming a panel chaired by retired justice Lex Mpati had no power to investigate her for misleading the council

Busisiwe Mkhwebane. (Madelene Cronje/M&G)

Mkhwebane says Mpati report on SMS to advocate is meaningless

The suspended public protector urged the Judicial Service Commission to investigate the incident further, saying the judges she named must be removed from the bench

Mandisa Maya is the new chief justice. (Photo by Gallo Images / Sunday Times / Alon Skuy)

Maya calls infamous Abramjee text message ‘a scandal’

The SCA president said she was shocked by a leak from the apex court, days after an investigation ordered by Chief Justice Raymond Zondo found that there could not have been one

Probe: The Mpati commission investigated the Public Investment Corporation when Dan Matjila (centre) was chief executive.  (David Harrison/M&G)

Ayo report: CFO acted in the PIC’s interests

A disciplinary inquiry has cleared Matshepo More of all charges, but she remains suspended

Former PIC chief executive Dan Matjila. (David Harrison/M&G)

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…

Damned if you do: Like many whistle-blowers, Simphiwe Mayisela felt he did ‘the right thing’ by reporting suspicious dealings at the PIC, but he’s now finding it impossible to get work. Photo Delwyn Verasamy

‘I walked into a shitstorm’

The PIC’s former head of IT security did not set out to become a whistle-blower. He was fired and is testifying at the inquiry into the PIC

Former PIC chief executive Dan Matjila. (David Harrison/M&G)

I did not spy on PIC employees, says Matjila

The former PIC CEO denies overseeing a climate of fear at the PIC

Jayendra Naidoo said that closer to the conclusion of the transaction, Dan Matjila decided to involve the rest of the PIC’s executive team. (Delwyn Verasamy/M&G)

Matjila: I did not abuse my power at the PIC

The former PIC chief executive denies he exerted pressure on PIC beneficiaries to fund ANC celebrations

Former Public Investment Corporation

I did not receive a loan from VBS — Matjila

Former Public Investment Corporation (PIC) chief executive Dan Matjila has denied allegations that he was awarded a loan from the VBS Mutual Bank.

On Wednesday, Matjila continued denying any wrongdoing, this time in the transaction between the PIC and mortgage finance company, SA Home Loans. (David Harrison/M&G)

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

Former Public Investment Corporation chief executive Dan Matjila. (David Harrison/M&G)

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

How did a relatively unknown businessman and soccer club owner from Limpopo gain an inside track with Africa’s largest pension fund administrator and its chief executive, Dan Matjila (pictured)?

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.

Former PIC chief executive Dan Matjila. (David Harrison/M&G)

How PIC officials managed ‘forced’ exposure to Survé deals

Investment team member testifies about Ayo and Sagarmatha transactions as having come from CEO Matjila

The investment saw PIC take a 25% stake in the Independent Media group.

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

Luyanda Ntuane. (Tebogo Tshwane)

‘Indispensable’ More pushed IT head out of PIC

According to the former IT head at the PIC, his work life started to take strain due to an unresolved conflict between him and More

Former Public Investment Corporation chief executive Dan Matjila. (David Harrison/M&G)

PIC chair ‘withheld’ Matjila’s disputed resignation letter

On Monday, Gungubele told the commission that there was a faction in the board which took Matjila’s side whenever it dealt with issues related to him

The investment saw PIC take a 25% stake in the Independent Media group.

More unnamed witnesses to testify at PIC inquiry

Here is what we know so far

The commission, chaired by Justice Lex Mpati, has heard of the close relationship between former PIC CEO Dan Matjila and businessman Iqbal Surve, who holds an indirect stake in Ayo. (David Harrison/M&G)

PIC commission witnesses receive death threats

The commission cannot release the identities of those whose lives have been threatened and the matter has been referred to the police

Victor Seanie appeared before the commission chaired by Justice Lex Mpati on Wednesday where he told the commissioner that he was being used as a scapegoat, expressing his shock over receiving a letter of suspension last week. (EWN)

Matjila ignored PIC processes, championed AYO deal, inquiry hears

Suspended assistant portfolio manager Victor Seanie appeared before the commission chaired by Justice Lex Mpati on Wednesday

Appointment of judges ‘not entirely transparent’

The process of appointing judges is not entirely transparent, the second Judicial Conference of South Africa heard in Pretoria on Tuesday.