The Public Investment Corporation (PIC) has escalated its investigation into a R300 million investment in Lanseria International Airport by referring the matter to the Special Investigating Unit (SIU). This decision follows the completion of a forensic investigation conducted by PwC, which uncovered concerning findings. The PIC is seeking to recover public funds potentially lost through the transaction and to hold those responsible accountable for any wrongdoing. Details of the PwC report’s specific findings have not been publicly released, but the referral indicates serious concerns regarding the investment. The move signals a renewed effort by the PIC to address governance and transparency issues following previous controversies. The SIU is now empowered to investigate potential corruption and irregularities related to the deal. This referral aims to ensure a thorough and independent examination of the transaction.