Victor seanie
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...
Victor Seanie was suspended last week along with the head of listed investments Fidelis Madavo for their involvement in the R4,3 billion investment.
The investment into Media mogul Iqbal Survé’s Ayo Technology company has once again come under the spotlight at the PIC commission of inquiry.
The PIC’s R4.3 billion investment in Ayo is just one of the transactions being scrutinised at the commission.
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.