Mixed messages come out of PIC inquiry
Dan Matjila has presented his case at the PIC inquiry. But with testimony at such odds with that of some other witnesses, it’s still unclear what went wrong – and who’s to blame
In his second week of testimony before the inquiry into the Public Investment Corp (PIC), former CEO Dan Matjila has offered his account of some of the questionable goings-on at the state-owned asset manager — events that prompted President Cyril Ramaphosa to establish the judicial commission of inquiry.
But good luck to anyone trying to get a firm grasp on the veracity of Matjila’s testimony, In some instances, the accounts provided by Matjila and other witnesses are widely disparate. In others, he’s been light on detail, despite being expected to know much more — given his responsibilities as CEO — about the particular subjects he has opted to share...