Former Public Investment Corporation CEO, Dr. Dan Matjila, entered his third day of testimony at the Commission of Inquiry into alleged impropriety at the PIC, by stating how he had to put out fires around allegations contained in an email sent by whistle-blower James Nogu.
In his testimony, Matjila highlighted it all began when he had been contacted by two reporters appraising him of stories they were running on claims that he had allegedly bankrolled Louw. Matjila also said, prior to traveling to the United States in September 2017, he met with Mkhwanazi and Buthelezi at a lounge at OR Tambo airport.
It is at that meeting, he said, that Buthelezi also castigated him about the matter of the National Empowerment Fund’s application for R3 billion funding from the PIC.
busrep Those Buthelezi siblings may have somethings to answer for.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
#PICInquiry: Matjila defends PIC investments in unlisted portfolios | IOL Business ReportIn his submission to the commission, Holomisa fingered three companies that are directly or indirectly linked to the PIC.
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: Dan Matjila rejects Holomisa's VBS loan allegations | IOL Business ReportPICInquiry: 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
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: I was accused of blocking foreign direct investment into SA - Matjila | IOL Business ReportMatjila told the PIC Inquiry on Tuesday that he was accused of blocking foreign direct investment into the country.
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: Dan Matjila tried to defend the PIC from state capture | IOL Business ReportPICInquiry: Former Public Investment Corporation CEO Dr Dan Matjila on Tuesday told of how he and his colleagues worked hard to defend the PIC from StateCapture during his 15-year tenure at the state-owned asset manager.
Source: IOL - 🏆 46. / 51 Read more »
Bantu Holomisa submits letter to #PICInquiry's Advocate Lubbe | IOL Business ReportPICInquiry: UDM leader Bantu Holomisa has written a letter to the Mpati Commission of Inquiry evidence leader, Advocate Jannie Lubbe, for use on the day that former PIC chief executive, Dan Matjila, provides testimony. busrep
Source: IOL - 🏆 46. / 51 Read more »