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  • South Africa: DA to Urge Financial Services Board to Take Urgent Steps to Protect Pension Funds

South Africa: DA to Urge Financial Services Board to Take Urgent Steps to Protect Pension Funds

WebDesk
February 16, 2014 No Comments

[DA]In the latest of a series of worrisome investments by the Public Investment Corporation (PIC), pensioners’ savings have once again been put at risk the PIC’s R3 billion investment for 30% of Camac Energy Inc. Camac Energy is linked to Kase Lawal, a Nigerian-American with a very dubious record and strong connections with President Zuma.

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