WATCH: PIC inquiry adjourned until Monday

Commission of inquiry into the Public Investment Corporation continues.

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PRETORIA - The PIC inquiry has been postponed to Monday.

The controversial deal between the public investment commission and Ayo Technology remained an important talking point. 

WATCH: Board had no say, Magula tells PIC inquiry

The inquiry's heard that the state asset fund manager had to sell stocks in order to fund the controversial investment in Ayo Technology Solutions.

READ: Former PIC board member denies involvement in fraud at VBS bank

At the same time, the deal has come under the spotlight in court as the PIC has been allowed more time to recover their investment from the company.

Source
eNCA