The PIC owes Sekunjalo and stakeholders a public explanation | IOL Business Report

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

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The PIC owes Sekunjalo and stakeholders a public explanation

CAPE TOWN – The Public Investment Corporation has been called upon to give a public explanation with regard to the claims that the asset manager was looking into liquidating Sekunjalo Investment Holdings.

The PIC’s acting executive head of legal, governance and compliance, Lindiwe Dlamini recently told Parliament that Africa’s largest asset manager was thinking about liquidating Sekunjalo to recover debts owed to it by Sekunjalo Independent Media. Dlamini made this claim during a question-and-answer session of the Standing Committee on Finance’s proceedings, where one of the committee members raised a question directed at the PIC’s investment in Sekunjalo Independent Media.

Sekunjalo is not taking this lying down. The company has again clarified that Sekunjalo Independent Media and Independent News & Media South Africa, not SIH, entered into agreements with the PIC. “The PIC is fully aware of the difference between SIH and SIM, yet, the PIC appears to conveniently conflate SIH with SIM in order to create the appearance that the two are one.”

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:

 /  🏆 46. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

'Pure corruption': Eskom seeks to recover R207m from Deloitte | IOL Business ReportState power supplier also wants its former chief financial officer Anoj Singh, and senior executive Prish Govender, to pay ... busrep Why was Eskom so incompetent and stupid to approve the Deloitte Contract then in the first place?, or was it greased palms that signed it and now the Dog's bone is gone and the Doggy wants it's bone back?, bloody stupid incompetent corrupt Managers to blame😡🤯
Herkunft: IOL - 🏆 46. / 51 Weiterlesen »

Business forum denies it has threatened to disrupt exams in KZN | IOL NewsControversial “business forum” Delangokubona on Monday night denied that it had threatened to disrupt KwaZulu-Natal school exams.
Herkunft: IOL - 🏆 46. / 51 Weiterlesen »

Get to grips with your digital business future at Business Day Focus 4.0New event will focus on the impact of the Fourth Industrial Revolution in SA
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »