PIC Inquiry report clears ex-CEO Dan Matjila, black-owned companies | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The much-awaited Commission of Inquiry report into allegations of impropriety at the Public Investment Corporation (PIC) has cleared erstwhile chief executive Dr Dan Matjila.

CAPE TOWN – The much-awaited Commission of Inquiry report into allegations of impropriety at the Public Investment Corporation has cleared erstwhile chief executive Dr Dan Matjila.

Business Report can reveal that the report made no adverse findings against Matjila, Sekunjalo chairperson Dr Iqbal Survé and his companies, and other black-owned companies. Sources claim that Matjila was described as a credible witness and his submission to Judge Lex Mpati as impeccable. The PIC, without confirming or denying having received the report, referred questions to the Office of the Presidency.

Presidential spokesperson Khusela Diko confirmed that the report had been sent by the President to the chairperson of the PIC Dr Reuel Khoza to give him line of sight of the issues contained therein. “The President has also sent the same to the Minister and Deputy Minister of Finance to appraise and engage them on the findings and also to request a roadmap on the implementation of the recommendations contained therein,” said Diko.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Prepaid president is gonna apologise for this outcome but it's fine

Oh dear! Again - no reporting or even commenting on this from these ones: News24 SundayTimesZA AdriaanBasson ferialhaffajee dailymaverick StephenGrootes eNCA It's not NEWSWORTHY to them anymore! If all involved were found guilty - we'd be inundated with articles! Mxm!

Ramaphosa's friend is out

And silence from so called mainstream media, which is embedded, is deafening... We are on our own as consumers of current affairs, we should establish facts on our own because main stream media are now politicians and biase...

They (🐖) won't be happy with this outcome.

Yeah right 🤣🤣🤣🤣🤣🤣

Now Ramaphosa is disappointed because he was expecting blacks must be found guilty as his handlers were wishing for

Sentletse Did you tag Bantu Holomisa?

Now this IS what ANC politics is all about !! HighlyUnlikely ProtectYourInvestments

TeaLira12 Deals been strike here, lots of money and family members involved

TeaLira12 Of course. Bought. Sold. Bought again. Citizen justice will rise.

Look who posted the article, it’s Surve’s media company. Let’s wait until the official report is released before comment is given.

How so? Matjila was at the Centre of the Pic malfeasance, how can he be cleared?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dear Tito Mboweni, please ensure that SA is open for business | IOL Business ReportTo reach that target of R150 billion in savings we’re going to have to come up with some creative solutions, and fast, writes Lee Naik in an open letter to tito_mboweni ahead of Budget2020 busrep
Source: IOL - 🏆 46. / 51 Read more »

For AVBOB nurturing successful businesses helps develop communities | IOL Business ReportAs community development lies at the core of AVBOBSA’s business and social investment strategies, AVBOB is actively combatting literacy issues through their donation of state-of-the-art container libraries. AVBOBStory
Source: IOL - 🏆 46. / 51 Read more »

SA will not be reckless in implementing national health insurance - Ramaphosa | IOL Business ReportThe government says the National Health Insurance Bill published last year aims to provide equitable quality health services for all South Africans. These idiots also say they fight against corruption. Did they initiate one trial by now ? DrZweliMkhize Hon Mkhize lets be honest. . . Will this benefit the average South African in the current state of our health care or is it something that will take Billions in expenditure? Who wins? Discovery Momentum_za Our_DA PresidencyZA jsteenhuisen VFPlus If hospitals are in a state of disaster, pension funds are already used to bailout failed SOEs, where do you think the BILLIONS required for NHI will come from? As far as I know, the ANC still owes billions to Austrian conglomerate Kapsch over failed etolls system.
Source: IOL - 🏆 46. / 51 Read more »

Shell provides entrepreneurs with the skills and resources to empower their communities | IOL Business ReportShellSouthAfrica believes that nation-building will enable progress in South Africa. Through their programmes aimed at training and empowering previously disadvantaged people within their business, Shell uplifts entrepreneurs and their communities. shell
Source: IOL - 🏆 46. / 51 Read more »

Volvo’s truck driving school empowers women | IOL Business ReportStatistically, women are responsible drivers therefore, the Iron Women Programme is aimed at training and enabling women to become heavy-duty truck drivers whilst ensuring safer roads for all. volvotrucks Nice work here MbalulaFikile Statistically..? Only because women drive less. What idiot dug up with that old urban legend again. Statistically men spend less money on tampons than women. Statistically women spend more time in the toilet than men standing at a urinal. Statistically men buy less dresses.
Source: IOL - 🏆 46. / 51 Read more »