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Former PIC chief executive Dan Matjila. (David Harrison/M&G)
AYO TECHNOLOGY SOLUTIONS

PIC commission – Matjila acted improperly in Ayo deal

The report by the commission that investigated the Public Investment Corporation says the fund manager’s former CEO lied about his involvement in its R4,3-billion investment in…

  • Thando Maeko
5 min read
Jayendra Naidoo said that closer to the conclusion of the transaction, Dan Matjila decided to involve the rest of the PIC’s executive team. (Delwyn Verasamy/M&G)
DAN MATJILA

Matjila denies responsibility for billions lost in Ayo transaction

The former PIC CEO continued his testimony before the Mpati commission on Monday

  • Thando Maeko
3 min read
Suspended acting PIC CE Matshepo More testifying before the Mpati inquiry. (YouTube)
FIDELIS MADAVO

I had no role in PIC’s Ayo investment says suspended acting CEO

Matshepo More tells PIC Commission it has been misled by earlier testimony

  • Thando Maeko
3 min read