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PIC report: Steinhoff deal reeks of 'collusion'


Sarah Evans
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Former Public Investment Corporation CEO Dan Matjila gives evidence during the Judicial Commission of Inquiry into the PIC on Monday, 8 July 2019. (Photo by Gallo Images / Phill Magakoe)
Possible collusion between the Lancaster Group
and former Public Investment Corporation CEO Dan Matjila was at the heart
of a R9.4 billion deal involving the purchasing of shares in Steinhoff, the Lex
Mpati Commission of Inquiry has found.
The Commission’s report was released by the Presidency on
Thursday afternoon.
It found that there was substantial impropriety
at the PIC, the state-owned asset manager, and that its board was divided ....

Dan Matjila , Jayendra Naidoo , Roshan Morar , Steinhoff International Holdings , Lex Mpati Commission Of Inquiry , Government Employee Pension Fund , Public Investment Corporation , Lancaster Group , Mpati Commission , Lex Mpati Commission , Government Employee Pension , ஜெயேந்திரா னாய்தூ , ரோஷன் மோவரார் , ஸ்டெய்ன்ஹாஃப் சர்வதேச ஹோல்டிங்ஸ் , அரசு ஊழியர் ஓய்வூதியம் நிதி , பொது முதலீடு நிறுவனம் , லான்காஸ்டர் குழு , அரசு ஊழியர் ஓய்வூதியம் ,