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Businessperson Magda Wierzycka says that she is prepared to testify at the PIC inquiry that Dr Iqbal Survé said he had suspended PIC executive Fidelis Madavo 'in his pocket'.
The PIC’s head of listed investments, Fidelis Madavo, was suspended following a probe into the corporation's controversial R4.3bn investment in AYO Technology Solutions.
The Public Investment Corporation has called an emergency board meeting, following a report of fresh corruption allegations against a board member.
The commission of inquiry probing governance and investment decisions at the state asset manager learnt that the corporation's Head of Listed Investments, Fidelis Madavo, has been suspended.
ClaremontVelocity Trade Financial Services (PTY) Ltd
Cape TownTumaini ConsultingR600 000.00 - R700 000.00 Per Year
Western CapeElite SourcingR15 000.00 Per Month Per Month
R 8 295 000
R 3 395 000
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