Constitutional Court to rule in Mkhwebane, Reserve Bank case - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The court will rule on Mkhwebane’s application that she should not be held personally liable for costs related to the findings of the High Court in Pretoria, that set aside her report into the Reserve Bank and Absa-Bankorp lifeboat matter.

The judgment might have consequences for the Public Protector, who had two major reports, namely the Bankorp and Estina, overturned in 2018. In her report on the Absa-Bankorp issue last year, Busisiwe Mkhwebane instructed that the Reserve Bank’s mandate be amended. However, the High Court in Pretoria set aside her report and its remedial action ordering she pay 15% of the legal fees, following a cross-application by the bank declaring that she abused her powers.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa poses critical challenge for World Bank and IMF - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Global heat maps of extreme poverty show Africa in deep red. And the problem will only accelerate as population on the continent grows in coming decades.
Source: SABC News Online - 🏆 32. / 51 Read more »