PIC, GEPF a political piggy bank amid R7.4bn write-offs – expert

The Public Investment Corporation together with the Government Employees Pension Fund have been under the spotlight this week amid revelations that they have effectively written off loans of R7.4bn to a Steinhoff connected entity and Sekunjalo.

This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for free 30 day trial (card details required; WSJ access only available to paying members) 


Visited 9 times
READ  PIC muscles-up in lucrative no-bull-dust deal