Former PIC CEO Matjila could face Hawks probe

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.

Matjila resigned as CEO of the PIC in November 2018. According to Sinton, upon seeking legal advice, Penwarden then reported the matter to the Hawks, as part of his fiduciary duties and the auditors of SA Home Loans also deemed the condition as an "irregularity" and a presented a prima facie contravention of Section 3 of the Prevention and.

In 2015/16, the PIC could see it would face. Dan Matjila, other PIC executives reported to the Hawks, inquiry hears JOHANNESBURG – Standard Bank’s legal counsel Ian Sinton said SA home loans ceo kevin Penwarden has reported former Public Investment Corporation (PIC) CEO Dan Matjila to the Hawks for solicitation of a bribe.

The former CEO of the Public Investment Corporation could face a Hawks probe. Dan Matjila has been linked to several damning allegations relating to a deal with SA Home Loans. Courtesy #Dstv403.

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The City Press reported that bank statements illustrate how the Venda king, the bank’s former chairperson and Vele. lining up their businesses to get money from PIC?” Holomisa says it’s time for.

Former chief executive of the Public Investment Corporation (PIC) Daniel Matjila will on Monday face the commission of inquiry to defend himself from accusations levelled against him while he was.

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