Three years on, PIC is still chasing billions it lent t...
The Public Investment Corporation, the state’s asset manager, has been in a court battle with a now-defunct cellphone company since 2019 to recoup the more than R1-billion it had lent the group in 2015. Its chances of getting the money back are slim.
South Africa Francois Van Eyssen Dan Matjila Jacqueline Cole Courtney Mutual Bank Public Investment Corporation
Source: dailymaverick.co.za