CAPE TOWN – South Africa’s directorate for priority crime investigation, the Hawks, has been called on to help the Mpati Commission into alleged impropriety at the Public Investment Corporation (PIC) uncover the real identity of James Nogu/Noko, whose emails wreaked havoc at the operations of the Africa’s largest asset manager.
This was contained in a response to questions sent to the PIC Commission of Inquiry investigations team after evidence leader advocate Jannie Lubbe told the commission that the investigation was now with its sixth investigator. Lubbe said the forensic team was also busy with its own investigation, alongside the Hawks – which targets organised crime, economic crime and corruption.
The forensic investigations team was optimistic that the identity of James Nogu/Noko would be established, although the evidence leader had told the commission that he had little hope that anything would come of the investigation.
Nogu has released damning emails, implicating several executives at the PIC, which threw the asset manager off course and resulted in the inquiry, where executives have parted with thousands of rand in legal fees trying to clear their names.
Top PIC executives implicated by Nogu who in the process had their reputations possibly irrefutably damaged include former chairperson Mondli Gungubele, former chief executive Dr Dan Matjila, suspended chief financial officer and acting chief executive Matshepo More and non-executive director Sibusisiwe Zulu.