Sekunjalo group
Gordhan hits back at Survé, tells him to produce proof of claims
Sekunjalo Holdings chairperson Iqbal Survé blamed Public Enterprises Minister Pravin Gordhan for the Financial Sector Conduct Authority (FSCA) raid on his...
Former Public Investment Corporation (PIC) boss Dan Matjila is giving clarity on the controversial businessman Iqbal Surve’s Sekunjalo transaction.
Former PIC CEO Dan Matjila has been testifying at the commission into allegations of impropriety at the corporation.
Former Public Investment Corporation (PIC) boss Dan Matjila started giving his testimony on the transaction on Tuesday, where he clarified that the PIC spent R888.3 million on the deal and not R2 billion as reported by the media.
The SACP, Cosatu and Sanco have called for the investigation, citing that Survé’s company, Sekunjalo, is the subject of investigation at the commission of inquiry into the affairs of the Public Investment Corporation (PIC).
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.
Trevor Ncube says Iqbal Survé's claims are a bid to stop M&G from investigating the Sekunjalo CEO.