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PIC forensic audit directed all in the name of transparency

Finance Minister Malusi Gigaba says he directed a forensic audit of the country’s Public Investment Corporation to ensure transparency and provide assurances to pensioners who have their assets invested with the PIC. He was speaking exclusively to SABC NEWS on the sidelines of the International Monetary Fund and World Bank meetings in Washington. He’s also due to meet all three major credit ratings agencies amid continued concern over possible additional downgrades.

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