Question NW216 to the Minister of Finance
24 August 2020 - NW216
Keetse, Mr PP to ask the Minister of Finance
Did the Public Investment Corporation (PIC) invest in a company constructing student accommodation in Limpopo near the University of Venda; if so, what (a)(i) amount has the PIC invested in the company, (ii) is the name of the company and (iii) process was followed and (b) are the names of the directors of the company?
Reply:
The Public Investment Corporation did not invest in a company to construct student accommodation near the University of Venda. However, the PIC did invest in a company that has projects in Polokwane and near the University of Limpopo.
Rest of the question falls away.