Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Criticism of investigation-cost transparency
The PIC's annual-report disclosures concerning the costs of legal proceedings and investigations related to the earlier inquiry were criticised as insufficiently transparent.
2020
PIC governance and conduct inquiry
An inquiry reported allegations involving staff victimisation, corporate-governance failures and impropriety at the PIC. The surrounding controversy also included allegations against former chief executive Dan Matjila concerning misuse of funds and poor investment decisions. The supplied material does not establish that every allegation was proven.