We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More PIC employees to testify at inquiryThe inquiry into the government pension fund manager kicked off on Monday with the corporation's acting secretary, the executive head of impact investment and the head of research and project management taking the stand.
Source: ewnupdates - 🏆 30. / 53 Read more »
Top PIC executive suspended over AYO Technology Solutions investmentThe commission of inquiry probing governance and investment decisiosn at the state asset manager learnt that the corporation's Head of Listed Investments, Fidelis Madavo, has been suspended.
Source: News24 - 🏆 4. / 80 Read more »
PIC auditing head Nemagovhani tasked to dig into Ayo transactionLufuno Nemagovhani has told the PIC commission of inquiry that he’s been tasked with investigating this R4.3 billion investment which resulted in two suspensions on Tuesday. can we trust the PIC to be investigating itself. Need an independent organisation to investigate
Source: ewnupdates - 🏆 30. / 53 Read more »
We saw no impropriety — PIC executivesThe Public Investment Corporation inquiry kicked off with two executives saying they witnessed no legal breaches — or employees acting for their own personal benefit. gregnicolson ? No no no more lies... gregnicolson They may well not have put anything in their own pocket or broken any laws as such. The question then is why they repeatedly made such dumb investment decisions that clearly benefited others at the PIC's expense.
Source: dailymaverick - 🏆 3. / 84 Read more »
Suspended PIC executive denies impropriety in Ayo investmentFidelis Madavo, executive head of the Public Investment Corporation’s Listed Investments unit, was suspended this morning prior to testifying.
Source: TheCitizen_News - 🏆 6. / 75 Read more »