PIC board engineered my demise: Matjila - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

PIC board engineered my demise: Matjila

The former CEO of the PIC Dan Matjila is testifying before the PIC Commission of Inquiry .

Matjila told the PIC Commission of Inquiry that despite an internal audit not finding any fault with him over the Nogu e-mails, he felt that the board had already taken a decision to dismiss him and the Chief Financial Officer . Matjila claims other anonymous e-mails were sent in an effort to discredit him and the CFO. He says he followed correct procedures regarding the Mason Holdings company’s requests for funding and that he was cleared by the board.

Matjila says he then asked a businessman Mr Mulaudzi to assist, which he did in his personal capacity. The board cleared him of any wrongdoing, but he felt external pressure and other players were involved to oust him, especially the media.Former SAA board Chair, Dudu Myeni has been implicated in the Commission of Inquiry investigating allegations of impropriety at the Public Investment Corporation.

 

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

Oh How Ex PIC CEO DanMatjila loves playing the victim... To a scheme that which he was party too.. High time Matjila came clean about his corrupt dubious tenure whilst at the helm of PIC.

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:

 /  🏆 32. in US

United States United States Latest News, United States United States Headlines

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

Matjila says he was at odds with PIC board, Gordhan over investment in CFR Pharmaceuticals - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The former Chief Executive Officer of the Public Investment Corporation (PIC) Dan Matjila has stressed that his appointment was made on merit.
Source: SABC News Online - 🏆 32. / 51 Read more »