PIC’s investment in Iqbal Survé’s AYO Technology claims first scalp
Nine months after he was placed on suspension, the assistant portfolio manager at the Public Investment Corporation (PIC) Victor Seanie has been fired. Seanie blew the lid on Iqbal Survé-linked AYO Technology at the PIC commission of inquiry, saying the state-owned manager’s investment in the firm was sloppy. He plans to challenge his axing.
The Public Investment Corporation (PIC) has fired assistant portfolio manager Victor Seanie nine months after he was placed on suspension for being involved in the state-owned asset manager’s R4.3-billion investment in Iqbal Survé’s firm AYO Technology Solution.