Iqbal Survé, the chairperson of media group Independent Media and the head of Sekunjalo, is expected to give evidence before the judicial commission of inquiry into the Public Investment Corporation on Tuesday.
The inquiry, which began its work in January, is investigating allegations of wrongdoing at the asset manager, including in its internal governance and how it made controversial investment decisions.Two of the investments that have come under scrutiny are linked to Survé. In January the inquiry heard from suspended PIC Assistant Portfolio Manager Victor Seanie that the Ayo investment was a “foregone conclusion” with then PIC head Dan Matjila using his authority to overrule concerns about the deal.published a leaked recording of Survé where he appeared to be pressuring board members of Ayo to withhold information from the PIC.
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