Wife, Shawna, and three daughters: Ella, Maddie Kate, and Camille Hometown: I grew up in Crowley and resided there until leaving to attend LSU. Crowley is largely a hard working agriculture-based community, which definitely helped shape both my career choice and work ethic.
On July 25 then minister of Finance Nhlanhla Nene requested the board of the PIC to commission a forensic investigation into allegations that had been made against Matjila. Nene requested the report as a matter of urgency and asked for the final report to be submitted by September Following this, the board appointed advocate Geoff Budlender SC to lead the forensic investigation.
The PIC, which manages almost R2 trillion in government pension and other funds, is the biggest asset manager in Africa. A source close to the process disclosed to Independent Media on Tuesday that it is expected that Matjila will be cleared by the Budlender inquiry of all allegations about a relationship between him and the owner of Maison Holdings MSTPretty Louw.
This detail of the report is expected to be presented to the board of the PIC before the end of the week. Newly appointed Finance Minister Tito Mboweni on Tuesday said he had received a preliminary report on the PIC, suggesting this would hasten the start date of an inquiry announced by President Cyril Ramaphosa in August.
It did not make the cut. Louw also denied allegations that she received money from or had a romantic relationship with Matjila. She said it was becoming less likely by the day that Matjila would survive.Rankings and Advice.
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The allegation that PIC boss Dan Matjila funded a “girlfriend”, which forms part of a campaign to oust him, is set to be cleared by a report today. View Dana Incorporated DAN investment & stock information. Get the latest Dana Incorporated DAN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.