United States

Absa Bank to approach High Court to have public protector report reviewed

Friday, 30 Jun 2017 08:55am EDT 

June 30 (Reuters) - Absa Bank Ltd ::Decided to approach the high court in order to have the report of the public protector that was released on Monday 19 June 2017 reviewed and set aside.Says the decision is due to the numerous misrepresentations and factual inaccuracies which are used as the basis for its findings.Respects constitutional institutions and has cooperated with office of public protector during the course of this investigation.Report leaves Absa with no choice but to seek recourse in courts as provided for by the constitution when affected party disagrees with the findings of public protector."office of the public protector appears to have either effectively ignored or misunderstood Absa’S detailed submissions, which were made to it on two occasions".