{"id":39568,"date":"2026-07-14T11:41:44","date_gmt":"2026-07-14T09:41:44","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=39568"},"modified":"2026-07-14T11:41:44","modified_gmt":"2026-07-14T09:41:44","slug":"sas-pic-announces-ceos-precautionary-suspension","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-pic-announces-ceos-precautionary-suspension\/","title":{"rendered":"SA&#8217;s PIC announces CEO&#8217;s precautionary suspension"},"content":{"rendered":"<div class=\"x_elementToProof\">The Chief Executive (CEO) of South Africa&#8217;s (SA) Public Investment Corporation (PIC), Patrick Dlamini, has been placed on precautionary suspension.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">This was confirmed by a statement issued by the Board of the PIC yesterday evening.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The Board says it believed it was necessary to provide Dlamini with the time and space to respond to allegations of impropriety levelled against him by a whistleblower report last month.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The PIC is the largest asset manager in SA manages just over $183 billion dollars in government employee pension funds, investing in major listed entities on the Johannesburg Stock Exchange.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8211;Channel Africa&#8211;<\/div>\n","protected":false},"featured_media":39569,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[26],"class_list":["post-39568","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-general_news","entry"],"acf":{"short_description":"","published_date":"","news_description":"Patrick Dlamini, has been placed on precautionary suspension","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39568\/revisions"}],"predecessor-version":[{"id":39570,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39568\/revisions\/39570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/39569"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=39568"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=39568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}