ON THE SPOT
Lebashe founder talks loans, Matjila, malice — and that comment by Holomisa
BEE (black economic empowerment) investor Lebashe ripped into United Democratic Movement (UDM) leader Bantu Holomisa this week for his comments that the company unduly profited from Public Investment Corporation (PIC) money. Business Day asked founder Warren Wheatley how much funding the group has received from SA’s largest asset manager? The PIC only funded Capitec, which was really our founding transaction. You say you’re being targeted and haven’t made many friends – why is that and why should that be the case? I get the sense that if people were competing on a particular transaction and they don’t close it, their next reaction is to call foul on the winner. The comments [made by Holomisa] are not true so there must be a different agenda. And that’s why I’m so certain that it is a malicious agenda at play: spreading lies and conjecture and joining dots where there aren’t any. Specifically, on the allegation that Harith General Partners and Lebashe are one and the same? Easy mista...
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