Jana Marais Deputy editor: Business Day

More than a year after allegations that put a cloud over Africa’s biggest asset manager, lawyers have asked for information to assist with an investigation into Public Investment Corporation (PIC) CEO Dan Matjila. Matjila was accused in an anonymous e-mail on September 5 2017 of failing to comply with procedures when he approved funding for a company linked to a woman with whom he allegedly had a romantic relationship. The CEO, who has denied that the woman was his girlfriend or that he acted improperly, was also accused of asking a PIC beneficiary to assist her financially. The controversy did not go away after the PIC board cleared him of wrongdoing. If you are already a subscriber, please click on the following link below to go to the full article: Matjila probe finally gets off the ground If you would like to subscribe to BusinessLIVE Premium  to read the full story, please click here.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.