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PIC Suspends Acting CEO Matshepo More With Immediate Effect

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The PIC Board has announced the appointment of Vuyani Hako as acting CEO following its decision to place Matshepo More on precautionary suspension with immediate effect.

In a statement released on Tuesday, the PIC board referred to allegations pertaining to interference with the process of the commission of inquiry that were brought to its attention.

“The board deliberated on the matter and concluded that to ensure free participation of staff in the commission of inquiry process, to place Ms Matshepo More on precautionary suspension with immediate effect.

Hako is currently serving as the executive head of properties at the PIC.

Source: iAfrica

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