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5.3
Suspended PIC CEO Patrick Dlamini challenges board removal in legal bid
Daily MaverickLO·ZA·about 9 hours ago
A whistleblower has requested parliamentary intervention regarding the recent restructuring of the Public Investment Corporation (PIC) board, citing concerns that the changes undermine the institution's legal defense in suspended CEO Patrick Dlamini's court challenge. The situation highlights internal governance instability at South Africa's largest state-owned asset manager.
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