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Holomisa writes to PIC Commission re alleged R2.5m personal loan from VBS to Dr Dan Matjila, former PIC boss

Dear Advocate Lubbe SC DR DAN MATJILA’S EXPECTED TESTIMONY AT THE MPATI COMMISSION: FURTHER GERMANE INFORMATION RECEIVED FROM A WHISTLE-BLOWER I herewith acknowledge receipt of your email, dated 6 July 2019, wherein you informed me that - according to the rules of the commission of inquiry into allegations of impropriety regarding the Public Investment Corporation (‘the Commission’) - I may today be implicated in evidence to be submitted by Dr Dan Matjila, former Chief [...]

2019-07-08T10:40:08+02:00July 8th, 2019|#PICScandal, 2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Open Letters|Comments Off on Holomisa writes to PIC Commission re alleged R2.5m personal loan from VBS to Dr Dan Matjila, former PIC boss

PIC looting scandal

Mr Bantu Holomisa, MPUDM President The deeper we dig, the greater the corruption exposed. The United Democratic Movement (UDM) has been saying all along that there is something seriously wrong at the Public Investment Corporation (PIC) and that it is endangering the pensions of government employees. Our sources indicate as much, and the scratch-work done by the media; in particular the amaBhungane Centre for Investigative Journalism, reads like a corruption horror story. As [...]

2018-10-05T08:57:18+02:00October 5th, 2018|#PICScandal, 2018 Archive, Bantu Holomisa, Home|Comments Off on PIC looting scandal

UDM notes minister’s decision re PIC independent inquiry

Mr Bantu Holomisa, MPUDM President Media release by Mr Bantu Holomisa, MP and UDM President The United Democratic Movement notes finance minister Nhlanhla Nene’s instruction to the Public Investment Corporation (PIC) board to commission a forensic investigation into allegations of corruption and to institute an independent inquiry into the PIC’s affairs. The mere fact that the minister has so decided shows that there must be prima facie evidence of wrong doing. We however [...]

2018-07-26T09:02:55+02:00July 25th, 2018|#PICScandal, 2018 Archive, Bantu Holomisa, Home|Comments Off on UDM notes minister’s decision re PIC independent inquiry