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Ayo technologies
Matjila set to continue testimony after PIC Inquiry given another extension
By Kgomotso Modise
When he first instituted the commission, President Ramaphosa had given it until 15 April to submit a report but that was extended to the end of July. The commission has now been granted another extension to submit the final report at the end of October.
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GEPF satisfied with PIC's management of its assets, inquiry told
The Government Employee Pension Fund (GEPF)’s principal officer said the PIC had performed according to its mandate and delivered returns on investment.
38 days ago -
Government Employee Pension Fund was ‘not involved’ in Ayo deal
The PIC, which manages more than a trillion-rand of the GEPF funds, invested R4.3 billion in Ayo Technologies in December 2017.
38 days ago -
WATCH LIVE: Former CEO Dan Matjila faces PIC inquiry
Matjila is a controversial but pivotal character in investigations into the Public Investment Corporation (PIC) as he occupied the CEO position for almost four years.
45 days ago -
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.
46 days ago -
Sacked Fedusa boss Dennis George appealing ‘unfair’ dismissal
Former Fedusa general secretary Dennis George claims the presiding officer in his disciplinary process was biased.
69 days ago -
Iqbal Survé: My life is in danger because I champion transformation in business
Survé made the comments at the inquiry looking into issues of governance at the Public Investment Corporation (PIC).
141 days ago
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Survé: Recordings of meetings with Ayo execs unlawful
The recordings provided to the Public Investment Corporation (PIC) inquiry allegedly reveal how Iqbal Survé and Ayo executives colluded to withhold crucial information from the PIC about the deal.
141 days ago -
WATCH LIVE: Iqbal Surve details Ayo deal at PIC inquiry
Sekunjalo chairperson Iqbal Surve continues giving testimony at the PIC inquiry on the Ayo investment.
142 days ago -
PIC to continue plan to recover Ayo funds, says CIPC notice was irrational
The PIC said it agreed that it had to recover its losses and would continue with its plan to recover the invested funds without delay.
149 days ago -
PIC welcomes ruling setting aside CIPC order
The High Court in Pretoria ruled that the order, issued by the CIPC, compelling the PIC to recoup the money it invested in Ayo was unlawful.
149 days ago -
Court declares PIC compliance notice to recover R4.3bn from Ayo unlawful
In February, the Companies and Intellectual Property Commission issued the order to the PIC to retrieve all the money invested in Iqbal Survé’s Ayo Technologies.
150 days ago -
Martinus de Jonge says Matjila moved him from his job without reason
Several witnesses have testified about Dan Matjila’s conduct and the pressure he exerted when it came to securing certain investments, especially, the AYO deal.
162 days ago
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