No riddle, a corrupt slimeball got his buddy, the head of the PIC, to push through an 'investment' into his company in 2 hours, valuing it at 2000% more than the company values itself at, pays himself a R600m dividend, goes and buys property, plays the race card when confronted.
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WATCH LIVE: Iqbal Surve details Ayo deal at PIC inquirySekunjalo chairperson Iqbal Surve continues giving testimony at the PIC inquiry on the Ayo investment.
Source: ewnupdates - 🏆 30. / 53 Read more »
Investment by PIC into AYO remains viable | IOL Business ReportPIC into AYO was a viable investment and remains a viable investment, the PIC Commission of Inquiry was told on Tuesday.
Source: IOL - 🏆 46. / 51 Read more »
Survé: All Ayo Technology's deals with PIC above boardA number of companies linked to Iqbal Survé that received billions in funding from the Public Investment Corporation (PIC) came under scrutiny on Wednesday at the PIC inquiry.
Source: ewnupdates - 🏆 30. / 53 Read more »
Email trail between Iqbal Survé and ex-PIC head Dan Matjila probed at PIC inquiryEmail correspondence trail between Iqbal Survé, the head of the Sekunjalo Group, and axed head of the Public Investment Corporation Dan Matjila came under scrutiny on the second day of Survé's testimony before the PIC inquiry. Fin24 Mxm!! You're waiting for him to crush Marcus before you publish your propaganda? To date we don't know the source of Gupta leaks. We know how you fabricate emails.
Source: News24 - 🏆 4. / 80 Read more »
WATCH LIVE | Iqbal Survé in hot seat at PIC inquiryBusinessman Iqbal Survé is testifying at the Commission of Inquiry into the Public Investment Corporation on Wednesday.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Survé: Recordings of meetings with Ayo execs unlawfulThe recordings provided to the Public Investment Corporation (PIC) inquiry allegedly reveal how Iqbal Survé and Ayo executives colluded to withhold crucial information from the PIC about the deal.
Source: ewnupdates - 🏆 30. / 53 Read more »
#PICInquiry: 'AYO a victim of a smear campaign' | IOL Business ReportDr Iqbal Survé told the Mpati Commission of Inquiry there was nothing wrong with AYO and its operations.
Source: IOL - 🏆 46. / 51 Read more »
Iqbal Survé & Co reap more Ayo ‘profits’Ayo Technology Solutions, the company tied to mogul Iqbal Survé, that controversially received R4.3 billion from the Public Investment Corporation (PIC), will dramatically hike its dividends even though profits are still mostly derived from interest on the PIC’s cash. If anc would want to make a difference, they could have done more better than what apartheid did,unfortunately after they came in, they just put their eyes on the money,and blaming whites that develop the nation. I question Survé's sanity.
Source: City_Press - 🏆 7. / 72 Read more »
Business Maverick: Ayo Ex-CIO Says South African Company Is Partly IllegitimateAyo Technology Solutions Ltd. is at least partly an illegitimate business and has fabricated financial statements even while securing a R4.3-billion investment by the Public Investment Corporation, according to Ayo’s former chief investment officer.
Source: dailymaverick - 🏆 3. / 84 Read more »