State pension fund hit by R7.4bn in write-offs

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TOP STORY | State pension fund hit by R7.4bn in write-offs

 

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State pension fund hit by R7.4bn in write-offsThe Government Employees Pension Fund writes off a R4.3bn investment in Steinhoff’s empowerment shareholder and about R1bn in companies controlled by Iqbal Surve Unacceptable! We want the money back, that marcus & his filthy mistress are still sitting pretty with our money same for the Surve fool. What's the difference between this legalised broad daylight robbery and state capture? This is concerning, as a member I should not find out from the media. When these people want re-election onto the board they write us letters and when they lose such amounts of money we find out from the media
Source: TimesLIVE - 🏆 28. / 59 Read more »