Hon Deputy Speaker, the funds that administered by the PIC are in part the pension and provident funds of our public servants. The Cope is on record as having been alarmed at matters concerning the PIC and the pension funds of our public servants. This has included, firstly, increasing reports of corrupt and reckless investing by the PIC. Secondly, a lack of effective oversight over the PIC attempts to capture the PIC as part of the state capture looting project. The third point is the unrepresentative composition of the PIC board and lack of transparency and lack of public