JOHANNESBURG – Allegations of corruption at the Public Investment Corporation (PIC) contained in the anonymous emails from an alias James Nogu were on Tuesday brought into question after a lifestyle audit conducted by PricewaterhouseCoopers (PwC) found they had no merit.
PwC performed background checks on former PIC chief executive Dan Matjila, suspended chief financial officer Matshepo More, former chairperson Mondli Gungubele and erstwhile board members Sibusisiwe Zulu and Dudu Hlatshwayo.
Evidence leader advocate Jannie Lubbe told Judge Lex Mpati’s commission into the PIC that the PwC investigation found no evidence of criminal conduct by the people fingered by Nogu.
“The finding was that there was no indication of criminal conduct regarding any of these individuals and he (the PwC investigator) could not find any substance to the allegations in the Nogu email implicating some of these people (to) receiving exuberant amounts of money from transactions from within the PIC,” Lubbe said.
“What he (PwC Investigator) can state and what I can place on record is that there is no evidence of any criminal conduct, and no evidence substantiating allegations by Nogu.”