|UDM welcomes announcement of PIC commission of inquiry

UDM welcomes announcement of PIC commission of inquiry

Mr Bantu Holomisa, MP UDM President

Mr Bantu Holomisa, MP
UDM President

The United Democratic Movement welcomes the president’s announcement of the appointment of Justice Lex Mpati as the head of the commission of inquiry into the allegations of corruption at the Public Investment Corporation (PIC).

The inquiry should clean-up the mess at the PIC and get to the bottom of the rot we have seen exposed in the media for quite some time. The pension funds of past and present government employees should be protected from the ruthless sharks that are eating away at their financial futures.

We reiterate our call that PIC chief executive officer, Dr Dan Matjila, who played a pivotal role in, for example the Mozambican oil deal, the VBS Mutual Bank scandal, the Ayo Technologies and Sagarmatha Technologies mess, should be suspended with immediate effect, which is in line with international norms and standards.

Issued by:
Mr Bantu Holomisa, MP
UDM President

2018-10-17T20:08:43+00:00October 17th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off on UDM welcomes announcement of PIC commission of inquiry