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To investigate the PIC chief executive after two new directives



The Shareholder Asset Manager, the Public Investment Corporation announced Wednesday that he will investigate "unusual allegations" against its acting executive director and two non-executive directors.

In a statement, the PIC said it was a board After receiving a special meeting on Tuesday afternoon, he received an email for an anonymous whistle.

Txistuaren Blower, two non-executive directors of the corporation committee and the CEO of Matshepo More, said the PIC.

Following the criticisms of three affected members, the commission was led by the deputy councilor Xolani Mkhwanazi.

"At a meeting, these accusations were decided by a court forensic investigation, the Council will conduct an experienced Senior Adviser services to help the Commission with that research," said the statement.

The PIC did not say allegations to the blower of the txistu. He did not say, it would also have to be discussed if the interruption of three members ceased while the forensic investigation is taking place.

On Tuesday, as witnessed by the PIC Consultation Committee, an old commissioner said that the asset manager would be better if the country's deputy minister of finance was not president of his committee, it is important to show the main money manager of the continent to show the perception of political interference.

PIC invests more than investment in government pension and other social funds, "the Treasurer will be able to preserve it through rigorous rigor that the National Treasury gives more than its financial returns, without politicians, Claudia Manning, non-executive directors, told the committee .

Manning also stated that the PIC was wrong in deciding to invest Steinhoff's purchasers' sales, and the price of his quota was more than 90% in the 90s.


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