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Former PIC CEO Matjila could face Hawks probe

Former PIC CEO Matjila could face Hawks probe – Celebrity gossip and the latest news , South Africas top best scandals here on Sa411 from Mzansi actors , Political figures , Celebs , Radio presenter and Sport Stars.

Former public investment corporation (PIC) CEO Dan Matjila has distanced himself from businessman Kholofelo Maponya, who has been using the weight of Matjila’s office to try an extract irregular.

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Former Public Investment Corporation (PIC) CEO Dan Matjila has distanced himself from businessman kholofelo maponya, who has been using the weight of Matjila’s office to try an extract irregular. Former CEO of the Public Investment Corporation Dan Matjila, could face a Hawks probe. Matjila has been linked to several damning allegations relating to a deal with SA Home Loans. At the same time, Standard Bank’s Ian Sinton has testified.

Former PIC director says prolonged corruption probe was ‘agonising’. made charges of corruption against former CEO Dan Matjila but the board cleared Matjila of any wrongdoing following an.

READ: PIC to probe Ayo purchase process Insider trading. Matjila’s role in decisions by the PIC to invest in VBS Mutual Bank, a failed lender, and Resilient REIT, a real estate investor that’s being probed by regulators over allegations of insider trading, share price manipulation and misleading reporting, will also come under scrutiny, the people said.

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Matjila told an inquiry into the PIC on Wednesday that he was asked to fund the activities of the ANC’s 2016 January 8 event by a "top politician" and declined to publicly name the individual.