WATCH: Witnesses tell PIC inquiry how Survé tried to bribe them

Last week the inquiry heard from businessman Iqbal Survé who has been heavily implicated during the inquiry due to the questionable investments made into two of his companies.

JOHANNESBURG - Former Ayo Technologies CEO Kevin Hardy has told the PIC inquiry that controversial businessman Iqbal Survé tried to bribe him.

Survé is the owner of Ayo which received an R4.3-billion investment from the PIC.

“The following day on the 14th of August I received WhatsApp message from Dr Survé saying that he wants to discuss innovative and lateral thinking with me..... I met with him on the 16th of August at the then Tintswalo Restaurant at Waterfall Equestrian estate for lunch prior to his BT Board meeting. He was in Johannesburg for the BT board meeting,” said Hardy.

“He proceeded to offer that he would move my family to an all-expenses-paid Waterfront apartment in Cape Town. All our expenses would be covered including school fees, chauffeur... I respectfully declined the offer which was an outright bribe and said that I would not be able to convince my wife to move to Cape Town and that she wanted me to have nothing to do with him. He then even offered to phone my wife to discuss it with her which I obviously declined. I could not believe what had just happened. I remember phoning Siphiwe [Nodwele] and my wife telling them what had happened I was in shock.”

The commission of Inquiry into the Public Investment Corporation continued on Monday with Nodwele and Hardy's testimony.

Nodwele was the Head of Mergers and Acquisitions at EOH Industrial Technologies. He was also with Ayo Technology Solutions.

Last week the inquiry heard from businessman Iqbal Survé who has been heavily implicated during the inquiry due to the questionable investments made into two of his companies. 

Survé also implicated chairperson Deputy Finance Minister Mondli Gungubele saying he heard that the minister wants to "destroy" Independent Media.

The commission said they would have to call Gungubele and Survé back due to these allegations.

WATCH: Survé back in PIC hot seat

All witnesses have been placed in witness protection.

The inquiry is set to continue investigating whether or not there was any impropriety when the PIC invested in a number of companies

It has already heard evidence regarding VBS, Independent Media, Ayo Technology and S&S Refinery. 

The commission will soon have to look into the investment with Steinhoff, which cost Government Employees Pension funds billions.

Source
eNCA