Public protector orders SIU to recover R1.125bn from Absa

Public protector Busisiwe Mkhwebane has recommended that government take legal action to recover misappropriated public funds unlawfully given to Absa Bank in the amount of R1.125bn. Mkhwebane made this finding concerning Absa on its role in the purchase of Bankorp in 1992. In January a leaked provisional report from the Public Protector’s office recommended that … Continue reading Public protector orders SIU to recover R1.125bn from Absa