Mondli Gungubele to testify at PIC inquiry
The spokesperson of the commission Thabi Leoka says some PIC board members will also testify on Monday.
PIC chairperson Mondli Gungubele. Facebook.
Deputy Finance Minister Mondli Gungubele, who is also the chairperson of the public investment corporation (PIC) board, will testify at an inquiry into allegations of impropriety at the corporation on Monday.
The spokesperson of the commission Thabi Leoka said some PIC board members will also testify on Monday, Fin24 reports.
Following a directive from President Cyril Ramaphosa in October 2018, the inquiry was set up.
Led by former president of the Supreme Court of Appeal, Justice Lex Mpati, the Judicial Commission of Inquiry is investigating allegations of impropriety following reports of poor governance and precarious investment processes.
Based on its findings, the commission will then have to provide the president with an interim report by February, and submit a final report and recommendations by April 2019.
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