As suspended Public Investment Corporation (PIC) chief executive Patrick Dlamini challenged his precautionary suspension in the Gauteng High Court on Tuesday, a whistleblower asked Parliament to intervene urgently, alleging that the recent overhaul of the corporation's board could affect its ability to defend the case.
The Mail & Guardian has obtained a protected disclosure submitted to Parliament's Standing Committee on Finance in which the whistleblower raises concerns about the timing of the board's reconstitution ahead of the High Court proceedings.
The whistleblower has asked Parliament to exercise its oversight role by investigating the circumstances surrounding the board's reconstitution and the implications for the pending litigation.
According to the submission, the board that resolved to place Dlamini on precautionary suspension and authorised the corporation's legal response has effectively been dismantled ahead of Tuesday's hearing.
"The organ that took the suspension decision and that instructed the PIC's defence of it, has been removed days before the hearing at which that defence must be advanced," the disclosure states.
Rather than arguing that Dlamini's application is likely to succeed on its merits, the whistleblower contends that the board changes raise questions about who will defend the application and whether the PIC's legal position will remain unchanged.
The submission also challenges the process followed in reconstituting the board, arguing...
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