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Dan matjila
PIC Inquiry: Dan Matjila to detail his probe into PIC document leaks
Former Public Investment Corporation (PIC) CEO Dan Matjila returns to the PIC inquiry for the ninth day on Tuesday.
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Matjila: I didn’t know Erin Energy was insolvent when PIC invested in it
The Public Investment Corporation lost R330 million in a deal with Erin Energy Corporation.
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PIC wanted to help VBS growth as black player in banking sector, inquiry hears
The directors of Vele Investments, which is the majority shareholder in VBS, were among those accused of siphoning hundreds of millions of rand out of the bank.
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Matjila rejects claim he accepted R5m bribe to fund VBS Mutual Bank
Advocate Terry Motau’s report on the bank’s collapse lists unsubstantiated allegations that former PIC CEO Dan Matjila accepted a bribe.
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Matjila taken to task over PIC investment in Steinhoff
In 2016, the PIC loaned a company called Lancaster Investment nearly R10 billion to buy additional shares in Steinhoff, the company later collapsed.
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PIC inquiry: Matjila says nothing wrong with visiting ministers at home
Dan Matjila was responding to questions at the commission of inquiry, chaired by retired judge Lex Mpati, on Tuesday.
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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.
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Dan Matjila expected to continue his testimony at PIC inquiry
Matjila spent most of last week testifying about the corporation’s affairs during his tenure and addressing allegations of political interference and concerns related to questionable investments.
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Ex-PIC CEO Matjila shares details of R1.7bn Tosaco deal
Dan Matjila told the PIC commission that Lawrence Mulaudzi’s Kilimanjaro Capital and Sipho Mseleku’s Sakhumnotho were the finalists to receive funding from the PIC to buy Tosaco shares.
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PIC investment decisions were carefully analysed, inquiry told
The former PIC CEO said while he was at the PIC, no person, especially not him, could approve deals on their own.
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Zweli Mkhize denies soliciting funds from PIC for ANC
The minister, in a statement on Thursday, said as the ANC treasurer-general he never asked for funding from any state-owned entity including the PIC.
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WATCH LIVE: Dan Matjila continues marathon testimony at PIC Inquiry
Former Public Investment Corporation (PIC) CEO Dan Matjila is testifying before the commission of inquiry into the PIC for a fourth consecutive day.
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Matjila tells PIC inquiry Edcon deal was partly why he was axed
Dan Matjila has been testifying at the inquiry into impropriety at the PIC this week. He’s giving his version of events on deals at the PIC during his term.
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Another Zuma son accused of meddling in state affairs, inquiry hears
Mxolisi Saady Zuma was singled out by former PIC CEO Dr Dan Matjila, who was testifying at the commission into alleged impropriety at the corporation.
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Dan Matjila: Emails were used to engineer my demise
On Wednesday was Matjila's third day on the stand and he gave further insight into the deals that were struck at the PIC and the series of events at the time.
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WATCH LIVE: Dan Matjila in PIC Inquiry hot seat for third day
Matjila is shedding light on affairs at the corporation.
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Dan Matjila: I was invited to meetings by certain ministers
The former PIC CEO gave details on events and operations at the commission during his time as chief investment officer and chief executive officer.
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Dan Matjila has never received a loan from VBS Mutual Bank, inquiry told
On Monday, UDM leader Bantu Holomisa tweeted that he had been made aware of a Nexus Forensic Services report detailing how Matjila received a loan of R2.5 million from the bank.
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Holomisa wants Dan Matjila investigated over alleged VBS loan
Former Public Investment Corporation (PIC) CEO Dan Matjila has been accused by UDM leader Bantu Holomisa of receiving a R2.5 million loan from VBS Mutual Bank.
