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...

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