President Cyril Ramaphosa on Wednesday announced that there would be a commission of inquiry into “allegations of impropriety” at the Public Investment Corporation (PIC).
It will be headed by Justice Lex Mpati‚ the former president of the Supreme Court of Appeal‚ assisted by Gill Marcus and Emmanuel Lediga.
The PIC manages government pension funds‚ among others funds.
Warren Thompson, Business Day and Financial Mail’s financial services writer, explains why the inquiry is important.
WATCH | Explainer: Why the inquiry into the PIC is important
President Cyril Ramaphosa on Wednesday announced that there would be a commission of inquiry into “allegations of impropriety” at the Public Investment Corporation (PIC).
It will be headed by Justice Lex Mpati‚ the former president of the Supreme Court of Appeal‚ assisted by Gill Marcus and Emmanuel Lediga.
The PIC manages government pension funds‚ among others funds.
Warren Thompson, Business Day and Financial Mail’s financial services writer, explains why the inquiry is important.
MORE
Ramaphosa sets up commission of inquiry into the PIC
Which eggs will Mboweni have to break in medium-term budget policy statement?
Parliament to probe Floyd Shivambu's role in VBS 'heist'
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most read
Latest Videos