20°C / 22°C
  • Tue
  • 29°C
  • 14°C
  • Wed
  • 28°C
  • 15°C
  • Thu
  • 21°C
  • 15°C
  • Fri
  • 24°C
  • 14°C
  • Sat
  • 26°C
  • 15°C
  • Sun
  • 25°C
  • 15°C
  • Tue
  • 20°C
  • 14°C
  • Wed
  • 21°C
  • 14°C
  • Thu
  • 20°C
  • 14°C
  • Fri
  • 24°C
  • 14°C
  • Sat
  • 24°C
  • 15°C
  • Sun
  • 19°C
  • 15°C
  • Tue
  • 29°C
  • 16°C
  • Wed
  • 28°C
  • 17°C
  • Thu
  • 23°C
  • 16°C
  • Fri
  • 26°C
  • 16°C
  • Sat
  • 27°C
  • 16°C
  • Sun
  • 26°C
  • 16°C
  • Tue
  • 30°C
  • 17°C
  • Wed
  • 30°C
  • 17°C
  • Thu
  • 24°C
  • 16°C
  • Fri
  • 27°C
  • 15°C
  • Sat
  • 29°C
  • 15°C
  • Sun
  • 22°C
  • 16°C
  • Tue
  • 23°C
  • 18°C
  • Wed
  • 21°C
  • 18°C
  • Thu
  • 24°C
  • 18°C
  • Fri
  • 23°C
  • 19°C
  • Sat
  • 24°C
  • 19°C
  • Sun
  • 29°C
  • 20°C
  • Tue
  • 19°C
  • 14°C
  • Wed
  • 19°C
  • 13°C
  • Thu
  • 20°C
  • 12°C
  • Fri
  • 21°C
  • 14°C
  • Sat
  • 21°C
  • 12°C
  • Sun
  • 21°C
  • 16°C
  • Tue
  • 21°C
  • 7°C
  • Wed
  • 26°C
  • 7°C
  • Thu
  • 23°C
  • 10°C
  • Fri
  • 28°C
  • 10°C
  • Sat
  • 28°C
  • 12°C
  • Sun
  • 20°C
  • 11°C
  • Tue
  • 17°C
  • 12°C
  • Wed
  • 21°C
  • 12°C
  • Thu
  • 19°C
  • 12°C
  • Fri
  • 22°C
  • 13°C
  • Sat
  • 21°C
  • 14°C
  • Sun
  • 17°C
  • 14°C
  • Tue
  • 31°C
  • 17°C
  • Wed
  • 29°C
  • 18°C
  • Thu
  • 26°C
  • 17°C
  • Fri
  • 29°C
  • 16°C
  • Sat
  • 29°C
  • 17°C
  • Sun
  • 28°C
  • 17°C
  • Tue
  • 32°C
  • 13°C
  • Wed
  • 30°C
  • 12°C
  • Thu
  • 30°C
  • 14°C
  • Fri
  • 33°C
  • 14°C
  • Sat
  • 34°C
  • 16°C
  • Sun
  • 34°C
  • 17°C
  • Tue
  • 32°C
  • 15°C
  • Wed
  • 24°C
  • 17°C
  • Thu
  • 25°C
  • 16°C
  • Fri
  • 26°C
  • 16°C
  • Sat
  • 24°C
  • 16°C
  • Sun
  • 27°C
  • 16°C
  • Tue
  • 19°C
  • 10°C
  • Wed
  • 19°C
  • 10°C
  • Thu
  • 20°C
  • 10°C
  • Fri
  • 21°C
  • 11°C
  • Sat
  • 23°C
  • 11°C
  • Sun
  • 20°C
  • 13°C

Former CEO Dan Matjila set to take stand at PIC inquiry

The inquiry into alleged impropriety has entered its seventh month, with shocking revelations about deals and procedures at the corporation.

FILE: Former Public Investment Corporation (PIC) CEO Dan Matjila. Picture: Public Investment Corporation

JOHANNESBURG – Former Public Investment Corporation (PIC) boss Dan Matjila is expected to take the stand at the commission of inquiry into the Public Investment Corporation on Monday morning.

The inquiry into alleged impropriety has entered its seventh month, with shocking revelations about deals and procedures at the corporation.

The former head of the continent’s largest pension fund manager resigned in November last year amid allegations of corruption and nepotism.

It’s expected to be an eventful day at the inquiry today as Matjila gives his version of events.

Matjila is a controversial but pivotal character in investigations into the corporation as he occupied the CEO position for almost four years.

His term was marred by questionable deals at the PIC including the R4.3-billion Ayo Technologies deal and the SA Home Loans and Kholofelo Maponya matter.

Matjila has also been implicated in the testimony of numerous witnesses, including that of former CFO Matshepo More.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus