PIC saga: demanding governance it does not practice. Leadership under fire as PIC suspends CEO Patrick Dlamini amid governance whistleblower storm.

The Public Investment Corporation (PIC), South Africa’s largest asset manager, has placed its chief executive, Patrick Dlamini, on precautionary suspension. This decisive action comes ahead of an independent investigation into whistleblower allegations leveled against him. The move marks a dramatic escalation in the ongoing governance crisis that has engulfed the state-owned asset manager over the past month. Kefentse Mhkari spoke to Zanele Sabela – Congress of South African Trade Unions (COSATU) and Zirk Gous – Chairman for Association for Monitoring and Advocacy of Government Pensions (AMAGP). See omnystudio.com/listener for privacy information.