South Africa, March 24 -- PIC Report-Sekunjalo: No adverse findings against Sekunjalo, Dr Iqbal Surve or any company that Sekunjalo has invested in.

The Sekunjalo Group has now had an opportunity to extensively study and review the 995-page, Judge Lex Mpathi-led, Public Investment Corporation (PIC) Commission of Inquiry report.

The group notes the repeated misrepresentation and distortion of the report by certain elements of the media, as they pertain to the Sekunjalo Group and its investee companies, including Independent Media, AYO Technology Solutions, Premier Fishing & Brands and Sagarmatha.

Instead of focusing on the real and serious issues that have been highlighted by the PIC Commission of Inquiry into impropriety at the PIC, some...