Alleged bribe by Iqbal Survé was a ‘misinterpretation’
Sekunjalo says offering to relocate former Ayo CEO, all-expenses paid, is common practice — but Kevin Hardy says it was ‘an outright bribe’
Iqbal Survé’s Sekunjalo Investment Holdings has rejected the claim by former Ayo Technology CEO Kevin Hardy that the businessman allegedly attempted to bribe him to prevent his resignation from the company. Hardy testified at the inquiry into the Public Investment Corporation (PIC) on Monday that he had a meeting with Survé in Johannesburg on August 16 2018, after he had already told an executive at Survé’s African Equity Empowerment Investments that he wanted to resign from Ayo. “He proceeded to offer that he would move my family to an all-expenses paid waterfront apartment in Cape Town. All our expenses would be covered, including school fees, a chauffeur at our beck and call, etc,” the former CEO said. “I respectfully declined the offer, which was an outright bribe, and said I would not be able to convince my wife to move to Cape Town and that she wanted me to have nothing to do with him.” Sekunjalo said Survé’s offer was misinterpreted. “In making the relocation suggestion, it ...
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