Johannesburg - Deputy General Manager of the Public Servants Association of South Africa (PSA) Tahir Maepa says former Public Investment Corporation (PIC) CEO Dan Matjila couldn't have acted alone in making final investment decisions at the state-owned entity, adding that every member of the PIC board has to account for any alleged wrongdoing.
Maepa was speaking during an eNCA interview shortly before Matjila took the stand on Monday morning at the Mpati Commission of Inquiry into alleged impropriety at the PIC.
"Dan as an accounting officer reports to the board ... The board cannot be absolved from this... I hope he (Matjila) will come out and be clear," Maepa said, highlighting that former finance minister ex PIC board chairman Mondli Ngungublele was also privy to the manner in which matters were handled at the organisation.
Maepa said from the testimonies given thus far at the commission it had been clear that due diligence was not conducted where investments were concerned and that there was a lack of good corporate governance.
He said during his tenure, the PSA had consulted with Matjila over matters that concerned the union.