Bankorp

"It appears as if the Reserve Bank is trying to have Mkhwebane removed from her office."
The Public Protector wants to have her cake and eat it. Not possible, says Absa.
She is accused of being biased against the bank and pursing an ulterior motive.
The public protector wants the case heard in March next year.
Busisiwe Mkhwebane says there is not enough time to prepare for the court application.
The minister of finance has delivered a damning indictment of the Public Protector in court papers.
The bank submitted a supplementary affidavit to the high court on Thursday, claiming there were further grounds for dismissal of the report.
Absa has filed papers in the high court seeking to overturn Mkhwebane's report.
We asked Absa: Why not repay apartheid debt? Here's what they said.
It's only R1.25 billion, so why not just pay up?
The former reserve bank governor responded to the Busisiwe Mkhwebane's report on the bailout Absa received, and the reserve bank's role in it.
A strident minister of finance says in court papers no responsible government could act on a report by ex-British spies.
Mbeki was frustrated when Madonsela came to him with "preconceived ideas", he told the Mail & Guardian.
Yes, the issue of apartheid reparations is real, but this may explain why Absa doesn't in fact need to pay back the money.
Barend du Plessis was finance minister during the Bankorp saga. He says there's no hope of re-examining the issue.
The report the public protector uses as basis for her explosive Absa recommendations says the Ruperts helped facilitate the deal.
More than R3 billion is recoverable from the banking giant, the report said.
Judge Willem Heath headed the Special Investigating Unit when it looked at the Bankorp/Absa deal and found there was a great deal wrong with it.
Judge Dennis Davis headed an investigation between 2000 and 2002 with the explicit mandate to once and for all lay the Bankorp/Absa issue to rest.
It might be a provisional report, but Busisiwe Mkhwebane is pretty clear: the country's biggest bank owes the fiscus money.