Week in, week out, SA is waking up to new allegations of scandal at the Public Investment Corporation (PIC), the largest asset management company in the country. It is about time the government appointed a credible inquiry to investigate the potential rot at the PIC as part of wresting it from politicians. This past weekend the Sunday Times reported that senior ANC politicians — including former treasurer-general Zweli Mkhize and former National Intelligence Agency head Billy Masetlha — might be owed millions in "commissions" (read: kickbacks) for arranging a R200m loan for energy company Afric Oil. Mkhize, who denies the allegations, has threatened to sue. Curiously, Masetlha, who until last December was a member of the ANC’s national executive committee, wants his "commission", as does Joseph Nkadimeng, a member of the ANC’s alleged black ops machinery, which cost Ignatius Jacobs his job at Luthuli House a year ago.Bantu Holomisa, the leader of the opposition United Democratic Mov...

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