Parliament to challenge Public Protector’s report in court
Parliament said it would take Public Protector Busisiwe Mkhwebane's findings into Absa bank's misappropriation of public funds, on review. Mkhwebane recommended that Absa pay over a billion rand in interest from a loan to its predecessor, Bankorp, for an apartheid-era bailout. In a statement issed on Thursday, Parliament specified that the "allegations of maladministration, corruption, misappropriation of public funds and failure by the South African government to implement the CIEX […]