Iqbal Surve concluded his two-day testimony before the Commission of Inquiry into the PIC in Pretoria on Wednesday.
Chairperson of Independent Media and Head of the Sekunjalo Group, Iqbal Surve, says he was not aware that the Public Investment Corporation did not follow due diligence when the Ayo Technologies deal was concluded.Surve concluded his two-day testimony before theinto the PIC in Pretoria on Wednesday. He said he was not aware that the deal process was flawed.
“It seems that the Chairman of the PIC had an agenda when he did all of this. My answer is let’s look at all the facts that we have here and the transcripts that I have read, but what little I have read, seem to think that his transaction there was no issue with it,” says Surve.
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Investment by PIC into AYO remains viable | IOL Business ReportPIC into AYO was a viable investment and remains a viable investment, the PIC Commission of Inquiry was told on Tuesday.
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#PICInquiry: 'AYO a victim of a smear campaign' | IOL Business ReportDr Iqbal Survé told the Mpati Commission of Inquiry there was nothing wrong with AYO and its operations.
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#PICInquiry: Asset manager indicated resistance to BT deal | IOL Business ReportDr Iqbal Survé, when making his submission to the commission said this was conveyed to the company by former AYO executive, Kevin Hardy.
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