Published 15 October 2019, by Sizwe Dlamini

CAPE TOWN – The Sekunjalo Group has demanded that the acting executive head of Legal Counsel, Governance and Compliance at the Public Investment Corporation Lindiwe Dlamini immediately retract her statement to Parliament on Tuesday that the company owes the PIC money.

“Sekunjalo has zero exposure to the PIC. This has been communicated to the PIC’s attorney in the past,” Sekunjalo chairperson Dr Iqbal Survé said in statement.

He said Dlamini had deliberately and willingly misinformed Parliament.

“Ms Dlamini’s statement to the Parliamentary Standing Committee on Finance today, inferring that Sekunjalo owes monies to do with an August 2013 loan, is utter rubbish. To the contrary, Sekunjalo has invested into companies in which, the PIC is a shareholder, and has in fact, loaned those companies money to assist in their operation and growth,” Dr Survé said.

“We demand she immediately retract her statement and convey the truth. In fact, the Sekunjalo Group is a creditor, like the PIC, when it comes to SIM.

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