The general manager for listed equities at the PIC Lebogang Molebatsi told the commission of inquiry in to the PIC that he believes former CEO Dr Dan Matjila should be held accountable for the Ayo Technology debacle. Molebatsi says he felt he was pressured when he worked on the Ayo technology and Sargamatha deals. PIC invested R4.3 billion without following proper procedures in Ayo Technology solutions in December of 2017. The PIC has been instructed by the CPIC to recoup the invested funds with interest from AYO technology For more news, visit: sabcnews.com
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