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Matjila to continue testifying at PIC inquiry

Dan Matjila
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Former Public Investment Corporation (PIC) CEO, Dan Matjila will on Wednesday morning continue to testify before the judicial commission of inquiry in Pretoria.

On Tuesday, Matjila explained how much of a challenge the changes in the ministers of Finance had been for the corporation.

He also detailed how the PIC under former finance minister Malusi Gigaba was almost captured.

Matjila said he was under pressure from politicians and politically-connected persons to fund various businesses.

According to Matjila, divisions in the corporation became evident following the new leadership after the removal of Pravin Gordhan and Mcebisi Jonas as finance and deputy ministers respectively.

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