Africa in BusinessAfrica in Business

PIC Under Scrutiny as Whistleblower Complaint Raises Governance Concerns

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Africa's largest asset manager and custodian of public sector pension funds the Public Investment Corporation (PIC) in on the spotlight, after receiving a whistleblower complaint compelled it to assess allegations against chief executive. The claims which are linked to the long-running Lanseria Airport dispute, have raised questions about governance, executive authority, board oversight and potential conflicts of interest at South Africa's asset management firm. Joining me now is Norman Masungwini, award-winning senior political journalist at News24, who has been closely following developments at the Public Investment Corporation, including the recent whistleblower complaint and governance concerns at the institution

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