Markets
PwC Report Raises Questions About PIC’s Lanseria Dispute
A confidential draft report from PwC has raised questions about the Public Investment Corporation's (PIC) decision to continue pursuing a contentious Lanseria Airport dispute, despite legal advice suggesting limited prospects for success.
© Hasina Kathrada
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- The draft PwC report highlights issues with debt balance calculations.
- These issues appear to be behind the PIC's decision to continue challenging an arbitration award.
- The dispute has led to significant internal tensions and external threats against the PIC.
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