Dan Matjila sets the record straight on relationship with Iqbal Survé at PIC Inquiry | IOL Business Report

JOHANNESBURG - On Wednesday, former Public Investment Corporation head, Dr Dan Matjila, dismissed suggestions that the state-owned asset manager's involvement with Independent Media South Africa , Sagarmatha and Ayo Technologies , was due to the fact that he had a close relationship with Sekunjalo Investment Holdings chairman, Dr Iqbal Survé.

Matjila also added that because there was talk of restructuring the organisations involved, he deemed it fit to be on the front lines of the discussions to ensure decisions reached, were in the best interest of the PIC. Matjila also further highlighted that not having been part of the discussions, "would have been reckless."

Asked by the commissioners if he had met with Dr Survé alone to further discuss Sagarmatha's listing, Matjila told the Commission no such meeting was held in this regard.

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.

Surve’s suggested valuation for Sagarmatha shot down by PIC | Business | M&GNeither are worth anything!
Source: mailandguardian - 🏆 2. / 92 Read more »

#PICInquiry: New Age was eating governments advertising budget - Matjila | IOL Business ReportThe New Age newspaper contributed to the downward trajectory plaguing the industry as it ate into the government's advertising budget.
Source: IOL - 🏆 46. / 51 Read more »

#PICInquiry: Matjila tears into Paul Magula | IOL Business ReportMatjila tore into the asset manager's former head of risk and compliance, Paul Magula yesterday, stopping short of naming Magula as the ringleader.
Source: IOL - 🏆 46. / 51 Read more »