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South Africa's PIC Invests Billions in Controversial Oil Tycoon's Company

Published September 21, 2023

1 years ago

The Public Investment Corporation (PIC) of South Africa has announced plans to invest R3 billion ($270-million) in a United States oil company, Camac Energy Inc, which is owned by a dubious Nigerian-American businessman, Kase Lawal.

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South Africa's PIC Invests Billions in Controversial Oil Tycoon's Company

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