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LIVE: Former PIC head Dan Matjila begins testimony at inquiry

PIC CEO Dan Matjila. (Photo: Gallo Images)


Jan Cronje and Fin24

2019-07-08 09:54

The commission of inquiry is investigating allegations of wrongdoing at the state-run asset manager, which manages R2.2 trillion in investments on behalf of public servants.

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In his leaked statement, according to Bloomberg, Matjila cited the email, from Cosatu’s Parliamentary Coordinator, Matthew Parks, as evidence.

As Bloomberg reported on Sunday, Matjila is expected to say he was removed, at least partly, to ensure the Edcon rescue could take place.

Cosatu, in a tweet, has denied this sequence of events. 



















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