Deputy Finance Minister Mondli Gungubele has been subpoenaed to provide evidence in a case of corruption against the leadership of the Public Investment Corporation (PIC).
Lufuno Nemagovhani, the PIC’s executive head of internal auditors, has also been subpoenaed to provide evidence to the Pretoria Magistrate’s Court, including minutes of PIC board meetings, two years’ worth of PIC CEO Daniel Matjila and chief financial officer Matshepo More’s emails, as well as investigative reports the state-owned asset manager was supposed to have commissioned last year to exonerate Matjila from allegations that he channelled money to an alleged romantic partner.
Like all previous deputy finance ministers, Gungubele is automatically the chair of the PIC and he has been asked for evidence in…
