The Gauteng High Court has overturned the suspension of Patrick Dlamini, CEO of the Public Investment Corporation (PIC). The court found that the PIC board acted unlawfully in suspending Dlamini, citing significant governance failures within the state-owned asset manager. This ruling casts a shadow over the board’s decisions and raises concerns about the PIC's internal operations. The judgment suggests a lack of due process was followed in the suspension. Further scrutiny of the PIC’s governance structures is expected following this legal challenge. The ruling does not detail the specifics of the failures beyond deeming the suspension unlawful, leaving room for further investigation and potential repercussions. It remains uncertain what the next steps will be for Dlamini and the PIC board.