You are telling me that banks did not know about the illegal dealings of Bosasa?Why now?
As usual the ANC-connected bosses & senior leadership will get a soft landing, due to their illicitly-gained wealth,,while the ordinary workers face unemployment & poverty! This is what happened to the Gupta's SA empire as well!
Other banks will follow suit. Banks cannot allow the irregularities that were revealed, because of FICA. They will lose their license. Also, their reputations are at stake.
Took them long enough
Why only now? They knew long time ago of Bosasa illegal activities
About time Bosasa
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