Political View : Investigating the Public Investment Corporation

It's Monday night which means it's time for Political View. Over the last few days there have been several important developments around the Public Investment corporation. The PIC invests the pension fund money of government workers - as it controls two trillion rand in assets it plays an important role in directing investment in the economy. On Friday the entire board asked to resign, last night speaking on SABC News the deputy finance Minister Mondli Gungubele, who is the chair of the PIC, said that this was not an admission of wrongdoing. The last few days have seen serious issues and claims emerging around the PIC. To discuss this we are joined by financial services writer at Business Day, Warren Thompson. For more news, visit: sabcnews.com