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BRIEF-S.Africa pension fund's board says confident of "integrity" of CEO Matjila
September 15, 2017 / 5:34 PM / 6 days ago

BRIEF-S.Africa pension fund's board says confident of "integrity" of CEO Matjila

Sept 15 (Reuters) - SOUTH AFRICA‘S PUBLIC INVESTMENT CORPORATION:‍

* “BOARD EXPRESSED ITS CONFIDENCE IN ABILITY AND INTEGRITY OF CEO, DR DANIEL MATJILA, MANAGEMENT AND STAFF OF PIC”​

* ‍CEO PROVIDED DETAILED DOCUMENTARY EVIDENCE OF DECISIONS MADE BY PIC

* ‍FOLLOWING DELIBERATION BY BOARD ON ALLEGATIONS AND REPRESENTATIONS, BOARD ACCEPTED REPRESENTATIONS OF CEO​

* ‍BOARD MANDATED INTERNAL AUDIT DIVISION OF PIC TO INDEPENDENTLY REVIEW REPRESENTATIONS MADE BY CEO​

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