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PIC Inquiry: Matjila throws ANC under the bus

PIC Inquiry: Matjila throws ANC under the bus

Refilwe speaks to Ray Mahlaka Independent Business Journalist

The former Public Investment Corporation CEO says he was asked in 2016 by the ANC’s
then-treasurer general Zweli Mkhize to release funding from the PIC to support the
party’s January 8 celebrations. Matjila referred Mkhize to prominent business figures
who had received funding from the PIC.

In another clear indication that the Public Investment Corporation (PIC) was subjected
to wide-scale political interference, its former CEO Dan Matjila admitted to playing a
middleman role in referring PIC funding requests from the ANC to prominent business
figures.



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