The PIC’s great SA Home Loans shakedown

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Standard Bank owns 50% of SA Home Loans. PIC owns 25%; and Bolatja Hlogo consortium, led by Kholofelo Maponya owns 25%, which was.

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Businessman Kholofelo Maponya is legally challenging the Public Investment Corporation (PIC) and SA Home Loans for R45 million in.

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The PIC's great SA Home Loans shakedown. ceo describes the enormous pressure he was put under to pay an 'arranging fee'. 29 May 2019.

On Wednesday, Matjila continued denying any wrongdoing, this time in the transaction between the PIC and mortgage finance company, SA.

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The particular matter, which concerns unlisted company SA Home Loans (SAHL), begs inquiry by the PIC commission led by retired judge Lex.