Iqbal Survé said to be part of illegal share price boost

His own court action lets slip FSCA probe of trades in AYO stock

17 November 2019 - 00:01 By GRAEME HOSKEN

Media owner  Iqbal Survé is alleged to have deliberately manipulated the share price of a company he had a significant stake in, apparently to avoid repaying a R4.3bn investment financed by government workers’  pensions.

This is among the allegations contained in an affidavit by a Financial Sector Conduct Authority (FSCA) investigator, which has only just become public...

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