Lebashe takes UDM to court in clash over PIC corruption claims
3 June 2018
The Lebashe Investment Group has filed an urgent application in the North Gauteng High Court in Pretoria against the United Democratic Movement (UDM) and its leader, General Bantu Holomisa.
This comes after the UDM called on President Cyril Ramaphosa to address what it called an "iceberg of corruption" at the Public Investment Corporation (PIC), claiming it has uncovered several individuals and companies involved in pillaging the institution.
Chief among the entities implicated by the UDM, was Lebashe and its directors Warren Wheatly, a former PIC staffer Tshepo Mahloele, and the former deputy finance minister Jabu Moleketi.
On Friday, Wheatley indicated that Lebashe and those named in the UDM's letter were taking legal advice on the matter.