Salma Hayek 'proud' of husband after €100m Notre-Dame pledge
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Public investment corporation
Lebashe Investment’s Mahloele to take Holomisa to court over PIC claims
UDM leader Bantu Holomisa has accused Lebashe and Harith General Partners of unduly benefiting from the Public Investment Corporation (PIC).
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WATCH LIVE: Holomisa back in PIC inquiry hot seat
UDM leader Bantu Holomisa returns to the PIC inquiry where he continues giving testimony on the claims of impropriety at the Public Investment Corporation.
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JSE wants Ayo to open books to external auditors after tampering claims
The move comes after allegations emerged at the Public Investment Corporation (PIC) commission of inquiry that Ayo Technology Solutions tampered with its financials to inflate profits.
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Holomisa wants PIC inquiry to probe Lebashe, Harith proximity to Matjila
The UDM leader was cross-examined at the inquiry on Wednesday following his open letter to the president in which he accused the investment companies of being 'in bed' with the former PIC CEO Dan Matjila.
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Gill Marcus concerned about extent of PIC damage caused by Steinhoff collapse
The PIC bought shares worth R9.3 billion off Steinhoff through a loan with black empowerment company Lancaster 101 in 2016.
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Survé: All Ayo Technology's deals with PIC above board
A number of companies linked to Iqbal Survé that received billions in funding from the Public Investment Corporation (PIC) came under scrutiny on Wednesday at the PIC inquiry.
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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).
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Sekunjalo’s Survé blames 'smear campaign' for failed Sagarmatha listing
In 2018, Sagarmatha Technologies failed to list on the Johannesburg Stock Exchange after it was unable to secure R3 billion from the Public Investment Corporation.
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Iqbal Survé: I’m attacked by ministers for not taking sides
Chairman of Independent Media Iqbal Survé says he came under attack from politicians because he doesn't mix business with politics.
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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.
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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.
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Iqbal Survé claims PIC, media groups tried to sabotage listing of tech firm
Survé testified at the PIC commission of inquiry on Tuesday which is probing allegations of impropriety but has also focused on three companies tied to him.
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WATCH LIVE: PIC inquiry resumes after Ramaphosa grants 4-month extension
The commission will continue this week with evidence from a new set of witnesses as well as those who have already testified.
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PIC inquiry extended by three months
The commission is investigating several dodgy transactions and allegations of impropriety.
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Holomisa: PIC CEO More must testify before inquiry if she's innocent
Matshepo More was placed on precautionary suspension last week after former and current PIC executives made a series of allegations against her at the PIC inquiry.
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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.
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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.
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PIC Inquiry hears of R21m paid to manufacture one bus
Even though former CEO Dan Matjila was cleared, issues have once again been raised about what the R21 million was used for as only one bus was manufactured.
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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.
