Godongwana steps in as PIC probe gathers pace

The Public Investment Corporation (PIC) board has formally assumed oversight of a whistleblower complaint against chief executive Patrick Dlamini following a special meeting with Finance Minister Enoch Godongwana, amid an escalating dispute that has already triggered a forensic investigation, a R1 billion legal threat and growing scrutiny of governance at Africa’s largest asset manager.

Godongwana steps in as PIC probe gathers pace

The Public Investment Corporation (PIC) board has formally assumed oversight of a whistleblower complaint against chief executive Patrick Dlamini following a special meeting with Finance Minister Enoch Godongwana, amid an escalating dispute that has already triggered a forensic investigation, a R1 billion legal threat and growing scrutiny of governance at Africa’s largest asset manager.

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