Absa’s R1.125 billion ‘apartheid bailout’ report set aside

BusinessTech · Feb 16, 2018

Absa’s R1.125 billion ‘apartheid bailout’ report set aside

The North Gauteng High Court has set aside a report by Public Protector Busisiwe Mkhwebane which ordered that R1.125 billion be recovered from banking group Absa, for government funding given to apartheid era bank Bankorp, which was never paid back.

Saber_rider45 · Feb 16, 2018

Pay back the money.

Heisenborg · Feb 16, 2018

Saber_rider45 said:
Pay back the money.

No rather get rid of this "public protector"

No more showerhead to protect you

The_Librarian · Feb 16, 2018

Saber_rider45 said:
Pay back the money.

It was paid back a long time ago.

Saber_rider45 · Feb 16, 2018

The_Librarian said:
It was paid back a long time ago.

Sure like Jacob Paid it back.

Gordon_R · Mar 12, 2018

She still doesn't get the message: http://ewn.co.za/2018/03/12/mkhwebane-in-bid-to-appeal-bankorp-ruling

The advocate says that the personal costs order against her stymies the constitutional obligations of her office and adversely affects the independence of the Public Protector.

It’s understood that Absa and the Reserve Bank will oppose the application for leave to appeal.

FNfal · Mar 12, 2018

"However, in a punitive order, the court set aside Mkhwebane’s report, and ordered that she pay 15% of costs in her personal capacity. The other 85% of costs would be paid in her capacity as Public Protector"

Play games , pay for it . :crylaugh:

grok · Mar 12, 2018

Gordon_R said:
She still doesn't get the message: http://ewn.co.za/2018/03/12/mkhwebane-in-bid-to-appeal-bankorp-ruling

Her real job is to distract from the ANC's corruption and prevent any real PP work from being done, and that she's doing admirably..

Join the MyBroadband community

Get started

Absa’s R1.125 billion ‘apartheid bailout’ report set aside

BusinessTech

BusinessTech Newsfeed

Saber_rider45

Banned

Heisenborg

Honorary Master

The_Librarian

Another MyBB

Saber_rider45

Banned

Gordon_R

Honorary Master

FNfal

Executive Member

grok

Honorary Master