PIC fires investment manager linked to R4.3bn Ayo deal
The asset manager said that Victor Seanie was found guilty of the disciplinary charges against him, which included breaching the PIC’s internal policies in investment decisions.
The R4.3 billion investment in Iqbal Surve's Ayo Technologies company by the PIC was flagged as controversial for some time, prompting an internal investigation.397 days ago
Madavo says just hours before he was due to testify at the commission, he was served with a letter informing him of the terms of his suspension.398 days ago
The PIC released a statement about the reasons behind the suspension of Fidelis Madavo and Victor Seanie.398 days ago
Madavo was expected to give evidence at the commission on Tuesday.398 days ago