PIC Inquiry: PIC must liquidate assets to fund subscription for Ayo - Dan Matjila | IOL Business Report

JOHANNESBURG - A request for liquidity to be created, in order to fund a subscription for Ayo Technology Solutions , was neither unusual nor irregular.

"The PIC must liquidate assets for fund acquisitions. It has no other source of capital from which to fund these acquisitions," Matjila said. But, Matjila used his platform to dispel the notion that he had compelled fellow employees and colleagues to follow his instructions on matters involving AYO, saying the PIC had funded plenty of acquisitions in this manner.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

IOL /  🏆 46. in CH

Tsotsi ye e utswitse pensions tsa Rona yong!

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

PIC Inquiry: Dan Matjila defends investment in AYO | IOL Business ReportDan Matjila defended the asset manager's R4.3 billion investment into Ayo Technology Solutions in 2017, saying the outlay was strategic for the PIC.
Weiterlesen »