MAGDA WIERZYCKA: Dan Matjila uses asset management jargon to confuse at PIC probe
The most egregious fact is that Dan Matjila was allowed to be both the CEO and chief investment officer, an unheard of pairing
As a rabid reader of criminal fiction and having grown up devouring episodes of Law & Order I am — at least in my own eyes — an expert at watching and analysing live court proceedings. So, the real disclaimer is I am no expert.
I have been fascinated by the commission of inquiry into the Public Investment Corporation (PIC) as it veers between the evidence of dodgy deals and lost billions to maltreatment of staff by the two “centres of power” — the offices of the CEO and CFO — and the evidence presented by the PIC staff themselves. Some are very credible, others young and gullible, and yet others blatantly lying.