Former PIC CEO Matjila could face Hawks probe

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"The PIC Board deliberated on the letter from the CEO, Dr Daniel Matjila expressing his intention to resign. The Board resolved that in the interest of the PIC and the CEO, we accept his resignation with immediate effect," the Board said in a statement released by PIC.

JOHANNESBURG – Former pic ceo dan matjila made over $100,000 (R1,4-million) on the board of directors of Ecobank.

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 Combating of Corrupt Activities Act.

Former PIC CEO Dan Matjila said that he was tipped off that there were secret plans. The former head of the PIC says he was removed from his job so politically connected people could influence the. Public Investment Corp faces dilemma over backing Lonmin deal. jse probing movement of funds in Surv companies.

The allegation that Public Investment Corporation (PIC) boss Dan Matjila funded a "girlfriend", which forms part of a concerted campaign to oust him, is set to be cleared by a report from a.

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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.

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'I own the PIC', ex-CEO Dan Matjila is said to have told employee. manager have been reported to the Hawks over suspicion of bribe solicitation.. the mortgage provider that the approval for the facility would be granted on.

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