The Public Investment Corporation (PIC) has confirmed that it has filed liquidation proceedings against Sekunjalo Independent Media.
Chairperson of the Sekunjalo Group, Dr Iqbal Surve, has accused Public Enterprises Minister Pravin Gordhan of using state institutions to fight political battles.
The African National Congress (ANC) former election head in the Western Cape, Ebrahim Rasool, says the party is being wrecked by in-fighting between two factions.
Chief Investment Officer at Ayo Technology Malick Salie has revealed that Iqbal Surve directed the valuation of the company prior to its listing.
Chairperson of Independent Media and head of the Sekunjalo Group, Iqbal Surve says he was not aware that the Public Investment Corporation (PIC) did not follow due diligence when the Ayo Technologies deal was concluded.