Ayo’s vanishing billions

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The PIC wants its R4.3bn investment back but there won't be much of it left by the time the court case is over.

The black track shoes gave him away. Sitting at the back of a small courtroom with a “don’t mess with me” look was Bertrandt Delport’s bodyguard, the press decided.

Delport, the head of BT-SA , was in the witness box in the Public Investment Corp’s civil case against Ayo Technology Solutions...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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PIC has lost more than R200billion…

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Ayo’s vanishing billionsThe PIC wants its R4.3bn investment back but there won't be much of it left by the time the court case is over.
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