PIC mulls liquidation of Iqbal Survé’s Sekunjalo and freezing Ayo’s assets

The Public Investment Corporation is considering liquidating Iqbal Survé’s Sekunjalo Investment Holdings, as well as court action to freeze the assets of its subsidiary Ayo Technology Solutions.

Parliament’s finance committee heard on Tuesday that the PIC has issued a letter of demand to Sekunjalo over its failure to repay the loan it gave the company to acquire Independent Media.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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PIC considering liquidation of Iqbal Survé’s Sekunjalo Investment HoldingsThe Public Investment Corporation (PIC) is considering liquidating Iqbal Survé’s Sekunjalo Investment Holdings - as well as court action to freeze the assets of its subsidiary, Ayo Technology Solutions.
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PIC considering liquidation of Iqbal Survé’s SekunjaloThe Public Investment Corporation (PIC) is considering liquidating Iqbal Survé’s Sekunjalo Investment Holdings - as well as court action to freeze the assets of its subsidiary, Ayo Technology Solutions. Yhoooo! !! 'Captain of Real Madrid' doing her job. Is it Pravin again?..😜
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