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Holomisa wants PIC investigation

───   07:53 Sat, 30 Jun 2018

Holomisa wants PIC investigation | News Article
UDM leader Bantu Holomisa (Gallo)

United Democratic Movement (UDM) leader Bantu Holomisa says he has requested President Cyril Ramaphosa to extend the mandate of the State Capture Commission to include alleged dodgy deals at the Public Investment Corporation (PIC).


SABC reports that Holomisa has written to the President regarding deals between the PIC and two investment companies, Lebashe and Harith General Partners. 

Lawyers for the two companies have demanded that Holomisa retract the allegations, but he has remained defiant.

Holomisa says the inquiry should focus on the manager of the Government Pension Fund at the PIC, Abel Sithole.

“There is still a lot of more things to come out in the open. All what we have done in the UDM is just to say Mr President, why is there no action taken? We suggested a way forward – for him to say extend the powers of the current commission of inquiry, so that they can verify the authenticity or otherwise of these allegations,” he told the  SABC.


SABC News

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