February 19, 2018 / 8:39 AM / 6 months ago

BRIEF-Absa Bank Says ‍High Court Sets Aside Public Protector's Remedial Actions​

Feb 19 (Reuters) - Absa Bank Ltd:

* ‍HIGH COURT SETS ASIDE PUBLIC PROTECTOR’S REMEDIAL ACTIONS​

* ‍HIGH COURT FOUND IN ABSA’S FAVOUR BY SETTING ASIDE PUBLIC PROTECTOR’S REMEDIAL ACTIONS AND AWARDING PUNITIVE COSTS AGAINST PUBLIC PROTECTOR​

* ‍NORTH GAUTENG HIGH COURT DELIVERED​ VERDICT ON MATTER WHICH INCLUDED RECOVERING R1.125BN FROM ABSA RELATING TO ACQUISITION OF BANKORP IN APRIL 1992 Source text for Eikon: Further company coverage:

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