PIC talks tough on liquidating Iqbal Survé’s Sekunjalo assets

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The Public Investment Corporation (PIC) is considering liquidating Iqbal Survé’s Sekunjalo Investment Holdings, as well as court action to freeze the assets of its subsidiary Ayo Technology Solutions (https://www.sharenet.co.za/v3/quickshare.php?scode=AYO). 

Parliament’s finance committee heard on Tuesday that the PIC has issued a letter of demand to Sekunjalo over its failure to repay the loan it gave the company to acquire Independent Media...

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