The new Public Investment Corporation (PIC) CEO says the independent advisory panel that is helping the asset manager's board to implement the Mpati Commission's recommendations, will soon start investigating former CEO, Dan Matjila to see if he can be personally held liable for monies that the PIC lost under his watch.
Although the Mpati Commission recommendations to the PIC were published in March, PIC CEO, Abel Sithole said the state-owned asset manager's new management could not investigate it's current or former colleagues which is why the PIC board sought help of an independent body to advise it.
