The Public Investment Corp, which is the largest fund manager in Africa, handles the pension funds of more than 1 million civil servants. In the past, the government-owned asset manager has had allegations of political interference levelled at it. Now, after a raft of scandals, various senior employees at the Isibaya Fund, have put forward a number of complaints. Bloomberg’s Antony Sguazzin reports that the complaints, summed up in a nine-page letter, include “a failure to renew a mandate with the division’s biggest client and allegations of general poor management”. According to the PIC, the matter is being handled internally. While the team wants the mandate issue to be rectified, they have also insisted on a meeting to discuss complaints about Lusanda Kali, the division’s acting head. According to the letter, Kali’s management style is “oppressive, antagonistic and retributive”. – Jarryd Neves