News Formal

Chickens had to come home to roost for Maponya, says Matjila | Business | M&G

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Former PIC boss Dan Matjila has described businessman Kholofelo Maponya as having ”very little respect for good governance”.

Former Public Investment Corporation boss Dan Matjila has described businessman Kholofelo Maponya as having ”very little respect for good governance”.

In May, head of impact investing at the PIC, Roy Radjah told the commission that the state asset manager in 2015 provided R1.2-billion in funding to agricultural services group Afgri to purchase Daybreak shares. Matjila told the commission that the PIC decided to replace Maponya with someone who would stabilise operations at Daybreak so that the PIC could “protect its investment”.

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:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Matjila to continue with his testimony at the PIC Commission - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Commission of Inquiry into the Public Investment Corporation (PIC) will on Monday continue to hear evidence from former PIC CEO Dan Matjila.
Source: SABC News Online - 🏆 32. / 51 Read more »