Former ANC treasurer-general Zweli Mkhize’s trust scored an upmarket property thanks to a R1.37-billion Public Investment Corporation deal. It turns out the Unemployment Insurance Fund, which supplied the funding, has lost a staggering R1.8-billion thanks to this transaction and an earlier de.
Controversial businessman Lawrence Mulaudzi in 2018 pocketed a R47.5m advisory fee from a R1.37bn Public Investment Corporation deal. The very next day after his windfall, Mulaudzi paid nearly R6-million to a transfer attorney’s account for an upmarket townhouse bought by the family trust of.