JOHANNESBURG – The allegation that Public Investment Corporation (PIC) boss Dan Matjila funded a “girlfriend”, which forms part of a concerted campaign to oust him, is set to be cleared by a report from a probe into the matter.
On July 25 then minister of Finance Nhlanhla Nene requested the board of the PIC to commission a forensic investigation into allegations that had been made against Matjila.
Nene requested the report as a matter of urgency and asked for the final report to be submitted by September 30. Following this, the board appointed advocate Geoff Budlender SC to lead the forensic investigation.
The PIC, which manages almost R2 trillion in government pension and other funds, is the biggest asset manager in Africa.
A source close to the process disclosed to Independent Media on Tuesday that it is expected that Matjila will be cleared by the Budlender inquiry of all allegations about a relationship between him and the owner of Maison Holdings (MST), Pretty Louw.
“There is no evidence that Matjila and Ms Louw have or had a romantic relationship,” said the source.
Take a look at how Twitter users reacted to the news below:
Last year a whistleblower detailed how Matjila had allegedly instructed a company, in which the PIC had invested, to make payments of R300 000 to his alleged girlfriend, Pretty Louw. Now we know it was a lie. Matjila was meant to be hanged cos of this. https://t.co/7ORkZCxtGl
— Matshela Koko (@koko_matshela) October 17, 2018
Floyd Shivambu is pleased with the outcomes and blames the media for smearing the name of Dan Matjila.
— Luzuko Mngqibisa💒🌟⛪🇿🇦 (@LuzukoMngqibisa) October 17, 2018
Nene's report clears PIC boss Dan Matjila on the allegation that he funded a girlfriend which forms the concerted effect campaign to oust him. pic.twitter.com/8MKpNdwx3f
— Thabo Moetji (@thabomoetji) October 17, 2018
PIC Chief Dan Matjila is cleared of corruption charges https://t.co/SSzNUHHEhm via @IOL
— Business Report (@busrep) October 17, 2018
Hi @bonglez did I hear properly from newspaper reading that PIC boss Dan Matjila was not found of wrongdoing by Nhlanhla Nene report? If so, @mailandguardian should apologize for misleading the public @BDliveSA @SAEditorsForum @BantuHolomisa @PaulivW @FloydShivambu
— #humanDignity (@angie43639902) October 17, 2018
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