I have been informed by the Public Investment Corporation (PIC) that:
These questions are based on a highly confidential report following a request from the PIC to Gobodo to investigate a certain transaction for the purchasing of SacOil shares. The PIC can state that it did act on the recommendations contained therein to the satisfaction of the Board of the PIC.
Further to this, as the matter was referred to the Public Protector of South Africa, the PIC regards it to be sub-judice and therefore they cannot respond to the questions raised, except to state that it will fully cooperate with any investigation the Public Protector may conduct.