Sekunjalo liquidation 'logical' to help protect
state pensions - PIC interim chair
Concerns that businessman Iqbal Survé's Sekunjalo Holdings could be moving assets offshore, is one of the reasons why the Public Investment Corporation (PIC) believes it would be a logical step to have the company (Sekunjalo) liquidated, PIC interim chair Reuel Khoza tells Business Times.
Sekunjalo has denied this, claiming Sekunjalo is "cash positive", and threatened to take legal action against the PIC.