Sekunjalo: The PIC is on a drive to embarrass Dr Survé

Sekunjalo Independent Media has described an application by the Public Investment Corporation to liquidate it as a “further attempt to embarrass and undermine the Sekunjalo group and Dr [Iqbal] Survé.”

Sekunjalo Independent Media spokesperson Takudzwa Hove said the PIC’s application is filled with inaccuracies. “Among the many errors in the supporting affidavit, the PIC and its advisers cited the incorrect parties to the relevant legal agreements. This action is not only incompetent and mala fide but malicious on the part of the PIC and its advisers.”

In a previous statement, Survé disputed the suggestion that R1.5-billion is owed to the PIC by Sekunjalo Independent Media, saying that the company has never requested a loan from the state asset manager.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PIC seeks liquidation of Sekunjalo Independent MediaThe Public Investment Corporation (PIC) is seeking the liquidation of Sekunjalo Independent Media (SIM), serving papers on the company on Tuesday.
Source: TimesLIVE - 🏆 28. / 59 Read more »

PIC seeks liquidation of Sekunjalo Independent MediaThe company has dismissed the application as ‘frivolous’ and says it will oppose it
Source: BDliveSA - 🏆 12. / 63 Read more »

Sekunjalo Independent Media dismisses PIC’s frivolous application for liquidation | IOL Business ReportSekunjalo Independent Media (SIM) received an application for its liquidation from the PIC citing SIM and its executive chairperson Dr Iqbal Survé as respondents.
Source: IOL - 🏆 46. / 51 Read more »

PIC seeks liquidation of Sekunjalo Independent MediaThe company has dismissed the application as ‘frivolous’ and says it will oppose it
Source: BDliveSA - 🏆 12. / 63 Read more »

PIC seeks liquidation of Sekunjalo Independent MediaThe Public Investment Corporation (PIC) is seeking the liquidation of Sekunjalo Independent Media (SIM), serving papers on the company on Tuesday.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Recollections of waxing poetic about a bitter time and special ‘guava juice’ | Cape TimesPoet Sandile Dikeni died on Saturday. This is from a column he wrote in 2015: '...It is difficult not to remember that my first moment in poetry was as sweet as a guava juice. When I read the poem the first time at UWC, I was declared a superstar.' Rest in peace man of letters
Source: IOL - 🏆 46. / 51 Read more »