#PICInquiry: Dan Matjila rejects Holomisa's VBS loan allegations | IOL Business Report

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PICInquiry: Advocate Alex Roelofse that the claims in Bantu Holomisa’s letter did not gel with a PricewaterhouseCoopers report on a lifestyle audit conducted on Dr Matjila. busrep

Johannesburg - Dr Dan Matjila, the former chief executive of the Public Investment Corporation, has rejected Bantu Holomisa’s allegations that he received a R2.5 million loan from the now-defunct VBS Mutual Bank.

Holomisa had claimed that Matjila had received a loan from VBS Mutual Bank and was implicated in its downfall when it was discovered that almost R2 billion was looted from the bank by high profile and politically connected individuals. Commenting on the events leading up to Holomisa’s allegations, retired judge Lex Mpati, who is chairing the commission, said it was difficult to control what goes into the media and that it would be much better if information was given to the evidence leader rather than the media so that it may be investigated and placed before the commission.

"I have always considered it part of my duty to ensure that everyone is treated fairly to ensure there is no interference. I received a letter via email from the Honourable General Holomisa. I have placed the letter before the commission which is dealing with an alleged facility from VBS Bank to Matjila . Shortly after, I received an email from a journalist asking me to comment on this matter. PWC has completed a lifestyle audit.

 

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