PIC inquiry needs more time and resources to uncover rot - Holomisa

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UDM leader Bantu Holomisa says the time frames given by President Cyril Ramaphosa for the MpatiInquiry are 'not suitable.'

Holomisa was instrumental in lobbying for the commission after receiving an “anonymous tip-off that something untoward was happening with the management of the PIC” in January 2016.

The UDM went to court last year to request that Daniel Matjila, the previous CEO of the PIC, be suspended until the conclusion of an investigation into a number of controversial and widely publicised deals the PIC had invested in. Holomisa also wrote to Ramaphosa and deputy chief justice Raymond Zondo, who chairs the state capture inquiry, to institute a separate inquiry to examine affairs at the PIC.

The president agreed and started appointing commissioners and establishing wide-ranging terms of reference in October last year. However, the commission only began formal hearings in the middle of January. In addition to his testimony, Holomisa has supplied the commission with files of evidence, which evidence leader advocate Jannie Lubbe petitioned to keep confidential until the forensic team had time to process them. Mpati granted the request.

It is for this reason that Holomisa now wants the commission to be given more time and resources to do its job. Thabi Leoka, speaking on behalf of the commission, said in response to questions from Business Day that it is the president’s prerogative to extend the deadline, adding that it would continue working on the understanding that their final report must be submitted by April 15.

 

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Can We Stop with the freaken inquiries bethuna

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