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PIC chair to refer Acapulco matter to SIU following legal review of forensic investigation
Upon receiving legal advice regarding the implications of the PriceWaterhouseCoopers (PwC) forensic investigation findings, Deputy Finance Minister and Public Investment Corporation (PIC) chairperson Dr David Masondo says the Acapulco – Lanseria empowerment deal settlement dispute should be referred to the Special investigating Unit (SIU) for further investigation and any action within its statutory mandate. This decision reflects new information uncovered through the PwC investigation, involving a controversial R300-million investment made by the PIC in 2013, which was subsequently defaulted on by Acapulco.
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iol.co.za
PIC refers R300 million Lanseria Airport investment matter to SIU following PwC probe
The Public Investment Corporation has referred the controversial Lanseria International Airport transaction to the Special Investigating Unit following new findings from a PwC…
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engineeringnews.co.za
PIC chair to refer Acapulco matter to SIU following legal review of forensic investigation
Upon receiving legal advice regarding the implications of the PriceWaterhouseCoopers (PwC) forensic investigation findings, Deputy Finance Minister and Public Investment…