Mpati Inquiry
latest news & developments
‘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
Surve’s suggested valuation for Sagarmatha shot down by PIC
The proposal to lower Sagarmatha’s pre-listing share price was not supported by the PIC’s investment team
Chickens had to come home to roost for Maponya, says Matjila
The former PIC chief executive says the PIC removed Kholofelo Maponya as Daybreak Farms boss to save the poultry business
Allegations about dealings with SA Home Loans are malicious — Matjila
The former PIC CEO denies sinister dealings between PIC and SA Home loans
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
Was Edcon saved to secure votes?
The former PIC boss alludes to political interference in some of the state asset manager’s investments
Matjila: Mulaudzi misled PIC commission on KiliCap, Sakhumnotho merger
The former PIC CEO denies he orchestrated a merger between KiliCap and Sakhunmotho
Matjila: I was under immense political pressure to fund various companies
Former PIC CEO testifies that the asset manager was persuaded by influential people, including senior political figures, to fund companies
Matjila denies being aware of unfair labour practices at PIC
The PIC former CEO concedes that some allegations made by employees regarding his leadership could be true
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
I had no role in PIC’s Ayo investment says suspended acting CEO
Matshepo More tells PIC Commission it has been misled by earlier testimony
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
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