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WATCH: PIC Hearings

PIC
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The Public Investment Corporation (PIC) will resume with hearings on Monday until Wednesday in Pretoria.

The names of the witnesses are being withheld until they appear at the Commission for security reasons.

The Commission of Inquiry into affairs at the PIC was established by President Cyril Ramaphosa last year to examine governance, corruption and mismanagement issues at Africa’s largest asset manager since 2015.

The commission’s terms of reference predominantly focus on whether the investment decisions made by the PIC flouted any policy or law, or benefited a select few.

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