
PRETORIA – UDM leader Bantu Holomisa has warned the commission of inquiry looking into the Public Investment Corporation (PIC), not to rush its work if it wanted to get to the bottom of the allegations of impropriety within the institution.
Holomisa was yesterday testifying before the commission, which was appointed last year by President Cyril Ramaphosa and given six months to finish its work.
Holomisa’s testimony to the commission - chaired by Justice Lex Mpati - related to allegations of corruption and questionable transactions involving companies linked to former PIC executives and board members, which he said he received through anonymous tip-offs.
He said he could not verify the allegations he placed before the commission, as they needed “dig-work”, adding that the commission will need more time to do so.
“The information that I provided in my written submission is meant to assist the commission to get to the bottom of the allegations of corruption at the PIC. I certainly do not possess the tools to verify the information that was provided to me. It is only within the commission’s power to establish the veracity of the claims made by our anonymous sources,” Holomisa said.