Tag: pic commission of inquiry

PIC Commission hands over final report

The PIC Commission of Inquiry has handed its final report to President Ramaphosa. The commission began in January 2019 after a request to investigate some transactions at the PIC was brought to the President’s attention by UDM leader, Bantu Holomisa. The commission has now completed its work and it is up to President Ramaphosa to act on the findings. CNBC Africa’s Kopano Gumbi filed this report.

Ex PIC boss Dan Matjila defends his time in office

The PIC Commission of Inquiry into impropriety of investment decisions at the asset manager continues in Pretoria. The commission has been hearing from former CEO Dr Dan Matjila for 6 days. In today's hearing he was questioned on his knowledge and involvement in transactions like Ascendis Health and Mozambican oil refinery S&S Refinery. CNBC Africa’s Kopano Gumbi filed this report.
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