Lifestyle audit shows no evidence of misconduct by former PIC directors
The audit has not provided any substantiation of allegations contained in a series of anonymous e-mails by ‘James Nogu’
13 August 2019 - 12:00
A lifestyle audit of five former directors of the Public Investment Corporation (PIC) has shown no evidence of any wrongdoing or criminal conduct and has not provided any substantiation of allegations contained in a series of anonymous e-mails.
These were the findings of a lifestyle audit undertaken by PwC forensic advisory services on five former directors of the PIC. This included former CEO Dan Matjila, suspended chief financial officer Matshepo More, former PIC chair and former deputy finance minister Mondli Gungubele, as well as former nonexecutive directors Sibusisiwe Zulu and Dudu Hlatshwayo...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.