Former PIC IT security head still giving police confidential leaks | Business | M&G

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 92%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The former head of IT security at the PIC, who is part of the corruption investigation against former CEO Dan Matjila, says he is still receiving sensitive transaction documents from the state asset manager which he has been passing on to authorities.

including not informing Matjila that he was subject to a corruption investigation by the South African Police Services and being in possession of confidential information.

On Tuesday, Mayisela confirmed to the commission, headed by retired Judge Lex Mpati, that in addition to documents on the Ayo transaction and an “LMA Risk Participation” transaction with Deutsche Bank, he was still receiving documents on transactions from inside the PIC which he continuous to hand over to police.

But things didn’t go as planned when, after opening the case, police decided to investigate the substance of the allegations instead of focusing on the identity of the anonymous whistleblower. While he was mining confidential information from the PIC Mayisela said he did not inform Matjila and the board about the investigation because he believed at the time that he would have obstructed the ends of justice.

He maintained that the findings by Advocate Nazeer Cassim, who presided over his disciplinary were flawed because when he initially opened the case he was not aware that the police would investigate a case of corruption against Matjila. He said he only started to deliberately withhold information from the PIC when he decided to assist with the investigation.

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 SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Senior executives implicated in irregular Ayo transaction still at PIC | Business | M&GThis is only one deal, most definitely there MUST have been many more .
Source: mailandguardian - 🏆 2. / 92 Read more »

PIC chair ‘withheld’ Matjila’s disputed resignation letter | Business | M&GPIC board chairperson Mondli Gungubele withheld former chief executive Dan Matjila’s resignation letter from the PIC board, the Mpati commission of inquiry heard on Wednesday.
Source: mailandguardian - 🏆 2. / 92 Read more »

Fear and distrust ‘nothing new’ among PIC employees | Business | M&GThe climate of fear and distrust in the corridors of the Public Investment Corporation has a long and chequered history.
Source: mailandguardian - 🏆 2. / 92 Read more »

PIC Commission calls out 'desperate' Twitter accounts on fake news | Business | M&GThe judicial commission of inquiry into allegations of impropriety at the PIC will continue with public hearings this week and has sent out a stern reproach against Twitter accounts spreading fake news about the proceedings.
Source: mailandguardian - 🏆 2. / 92 Read more »

PIC CEO has too much power, inquiry hears | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »

Mystery Mr N rattled PIC | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »