Matjila denies PIC-Sekunjalo deals were based on friendship - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Dr Dan Matjila told the commission that the continuous engagement with Dr Survé was because, together with his colleagues, they were concerned about PIC's exposure to high risk.has denied reports that the dealings with Sekunjalo group of companies are because of his friendship with Dr Iqbal Survé.

PIC transactions with the Sekunjalo group companies were under the spotlight at the Commission of Inquiry into allegations for impropriety regarding Public Investment Corporation.The PIC invested R4.3 billion in, in a controversial deal clouded by reports of overvaluation and flouting of PIC procedures.

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