The former CEO of the Public Investment Corporation (PIC), Dan Matjila, has launched a court application to clear his name. That follows a number of damning findings made in the report by a commission of inquiry established to investigate allegations of impropriety at the state-owned investment manager.

The lengthy report by the PIC commission, led by retired Supreme Court of Appeal judge Lex Mpati, and published earlier in 2020, made a number of findings against Matjila, who occupied the role of both CEO and chief investment officer before his resignation in November 2018...

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