Iqbal Surve should appear before the PIC Commission of Inquiry - DA

The Democratic Alliance (DA) has written to the Lex Mpati Commission of Inquiry regarding allegations of impropriety by Sekunjalo Chairman Iqbal Surve related to the Public Investment Corporation (PIC).

DA MP Alf Lees says Surve should be subpoenaed to appear before the commission in light of the allegations implicating Surve in misusing funds received from PIC.

According to the testimonies, Surve received R4.3 billion in investment from PIC under false pretences.

These accusations can't just be left hanging in the air and we think the only way to get to the bottom of this is through the commission which Justice Lex Mpati is chairing and for Surve to go along and declare his innocence.

Alf Lees, Member of Parliament - DA

Lees denies the party is trying to dictate to the commission how it should be run.

This is an independent commission and we are no way trying to direct what the commission should do. we are simply expressing our views and we will standby whatever the commission decides.

Alf Lees, Member of Parliament - DA

He says it is clear now that the PIC did not follow due processes in funding Surve, therefore, it should do everything in its power to recover the money "before it's all lost".

Surve has responded through the Independent Newspaper, which he owns, trying to explain how it came about that he receive the funding from PIC and that it wasn't under false pretences.

Lees says the matter is now in the public domain and if Surve wants to clear his name he should appear before the commission and tell his side of the story instead of using his own newspaper as his mouthpiece.

To hear the rest of the conversation, listen below:


Recommended

by NEWSROOM AI
Read More
It was a strategy to rescue Independent Newspapers – Sam Sole (amaBhungane)

It was a strategy to rescue Independent Newspapers – Sam Sole (amaBhungane)

Iqbal Survé is in trouble. Bruce Whitfield interviews senior investigative journalist Sam Sole and UDM leader Bantu Holomisa.

Sygnia's Magda Wierzycka to sue Iqbal Survé again after charges laid against her

Sygnia's Magda Wierzycka to sue Iqbal Survé again after charges laid against her

The Money Show’s Bruce Whitfield interviews Magda Wierzycka, CEO at Sygnia Group.

Govt employee? Your pension fund made huge mistakes, and just wrote off billions

Govt employee? Your pension fund made huge mistakes, and just wrote off billions

The Money Show’s Bruce Whitfield interviews Abel Sithole, Principal Executive Officer at the Government Employees Pension Fund.

Zondo Commission: Nhlanhla Nene met with the Guptas four times

Zondo Commission: Nhlanhla Nene met with the Guptas four times

The EFF has accused Finance Minister Nhlanhla Nene of being captured by the Guptas days before he testified before the commission

PIC's exit a significant blow for Independent Media Group

PIC's exit a significant blow for Independent Media Group

MMA Director, William Bird says he hopes Independent Media will be able to function well after PIC has withdrawn its investment.

Independent Media, Iqbal Survé and why greater transparency is needed at the PIC

Independent Media, Iqbal Survé and why greater transparency is needed at the PIC

Political analyst Vukani Mde argues that Treasury, Parliament and labour unions must do a better job to hold the PIC to account.

Questions raised over PIC's involvement in Iqbal Survé companies

Questions raised over PIC's involvement in Iqbal Survé companies

NPC amaBungane denies Independent Media's claims it initiated a 'Stratcom-like campaign' to scupper Sagarmatha listing on the JSE

Popular articles
How dagga could become a cash cow for South Africa's economy

How dagga could become a cash cow for South Africa's economy

Economist Jee-A van der Linde looks at the impact cannabis export will have on South Africa's dwindling economy.

What happens to our bodies if we cut out sugar

What happens to our bodies if we cut out sugar

Naked Scientist Chris Smith explains.

[WATCH] SANDF members hilariously mess up a supposedly easy practice run

[WATCH] SANDF members hilariously mess up a supposedly easy practice run

Khabazela shares tweets and Facebook posts that have gone viral.

‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

‘We’d be crazy to copy! Sometimes we get it wrong. There's no culture problem'

The Money Show’s Bruce Whitfield interviews Ian Moir, CEO at Woolworths.

[VIDEO] Muizenberg pedestrian attacked in broad daylight

[VIDEO] Muizenberg pedestrian attacked in broad daylight

A woman was attacked on her way to work earlier this month.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.