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By Themba Hlophe
A new legal application by the Public Investment Corporation (PIC) has intensified the high-profile dispute with businessman and Levoca 805 (RF) Proprietary Limited representative Rali Mampeule, raising questions about the treatment of whistleblowers in South Africa’s financial sector.
The PIC has approached the South Gauteng High Court seeking to have Mampeule held in contempt of court and requesting that he be arrested for two months. The application follows an earlier interdict granted in February 2026, which restricted Mampeule from publishing allegations of corruption and related misconduct against certain PIC officials.
The contempt application was filed on behalf of the PIC and is supported by a founding affidavit deposed by August van Heerden, the acting Chief Investment Officer of the PIC. The affidavit also lists Kabelo Rikhotso, the former Chief Investment Officer of the PIC, and Lindiwe Masina Dlamini, the PIC’s Executive Head of Legal, as applicants in the matter.
The legal battle forms part of a broader commercial dispute involving investments connected to the fibre infrastructure company Metrofibre Networx.
Mampeule has previously described himself as a whistleblower in relation to matters involving the PIC and its investment activities. The dispute centres on investments and shareholding interests connected to Metrofibre through Levoca 805 (RF) Proprietary Limited. The matter has increasingly attracted attention beyond the courtroom...
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