A very sinister Tiso crusade

BUSINESS Day reminded its readers late last week to look forward to a showdown at the PIC annual general meeting (AGM) where all hell would break loose as the new chairperson of the PIC would oversee a meeting that would look into the accusations about Matjila.

Reality is that they created fake and malicious news: Sunday’s Business Times did not report a single line about the AGM last week. They expected Matjila to be suspended, but this also did not happen.

Matjila came out clean again and the AGM was a non-event. Tiso had no “shocking revelations” to report about neither the PIC or Matjila.

However, on Tuesday, June 12, 2018, Carol Paton, a senior editor at the Business Day, wrote that “Matjila has been a successful asset manager. We know that over the past four years he has been subject to extreme political pressure, because he has money to hand out”. This was a complete turnaround from what a Business Day journalist would report about Matjila or the PIC. Her opinion says nothing of the decision by the board against Matjila, as it was expected.

Matjila has been investigated many times over the last few months and has come out clean time and again. Yet Tiso uses every possible opportunity to try to discredit him. Why? Is this corporate blackmail by Bonamour and his loss-making titles?

Bonamour should explain why he has instructed his editors to launch an orchestrated smear campaign against Matjila. Are these editors fighting for Bonamour’s commercial survival?