Eyewitness News senior reporter Barry Bateman says Matjila says almost all investors were duped by the company.
Dan Matjila says he takes full responsibility as the former chief executive of the PIC for the losses that were incurred there but he was questioned on exactly what were those loses, he could not tell the commission.— Barry Bateman, Senior reporter - Eyewitness News
He says it is regrettable what has happened but he says at the time leading up to the collapse in 2017, Steinhof was the darling of the market. He says it was well-performing at it made sense to invest in it.— Barry Bateman, Senior reporter - Eyewitness News
Matjila says the real question is who did Steinhoff not dupe? That should be the question asked.— Barry Bateman, Senior reporter - Eyewitness News
Listen to the full interview below...
This article first appeared on 702 : Dan Matjila takes responsibility for PIC's Steinhoff losses