# The Public Investment Corporation has placed its CEO, Patrick Dlamini, on precautionary suspension. This follows a governance dispute linked to the Lanseria Airport investment and allegations that PwC was appointed to conduct a forensic investigation into the transaction without board approval. Dlamini faces a 900-million-rand claim lodged by businessman Kagiso Matjila in the Gauteng High Court, arguing that the CEO acted beyond his delegated authority in commissioning the PwC probe after a final award had already been paid. The PIC oversees 3.6-trillion-rand in government pension and social insurance funds.
Public Investment Corporation CEO placed on precautionary suspension