Absa seeks complete record of final CIEX report

Absa has filed a supplementary affidavit in the High Court in Pretoria in relation to the CIEX report

Picture: EWN

JOHANNESBURG - Absa has filed a supplementary affidavit in the High Court in Pretoria in relation to the CIEX report, demanding that Public Protector Busisiwe Mkhwebane provide it with a complete record relevant to her final report.

The document has been submitted as part of an application to have Mkhwebane’s remedial action in the probe into an apartheid-era Bankorp bailout set aside.

The report which was released in July recommended that the Special Investigating Unit recover over a billion rand for the loan to Bankorp, which Absa bought in 1992.

Absa believes the investigation by the Public Protector was conducted in a grossly incompetent and fundamentally unfair manner and had factual errors.

(Edited by Zamangwane Shange)