Probe into PIC CEO Dan Matjila finally gets off the ground
Lawyers set up e-mail account for documentary evidence and invite whistle-blowers to tell all
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.
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