Mboweni tells PIC board to leave the politics to him | Business | M&G

Finance Minister Tito Mboweni has given assurances to the newly appointed interim board of the Public Investment Corporation that he will not interfere with their work.

Mboweni made these remarks on Thursday at the first sitting of the new state asset managers interim board in Pretoria. The minister made the appointments in July following the mass resignation of the previous board in February. The board has been appointed for a period of twelve months. During his testimony earlier this month at the commission probing alleged impropriety at the PIC, chaired by judge Lex Mpati, former chief executive Dan Matjila told the inquiry that during his tenure at the helm of the corporation he faced immense pressure from politicians to use PIC money to fund various projects.

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