PIC talks tough on liquidating Iqbal Survé’s Sekunjalo assets

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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