Public Protector Busisiwe Mkhwebane has ordered the Special Investigating Unit (SIU) to recover more than R1 billion from Absa paid as a bailout in the apartheid era.
Mkhwebane released her findings on the so-called CIEX report in Pretoria on Monday.
She says the government failed to act on the CIEX report.
The Money Show’s Bruce Whitfield interviewed Sanlam Investment Management Portfolio Manager Patrice Rassou.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
This unfolded 25 years ago!— Patrice Rassou, Sanlam Investment Management
Most of the monies were repaid by Absa.— Patrice Rassou, Sanlam Investment Management
We seem to be digging back into the past when we have more urgent issues impacting our institutions.— Patrice Rassou, Sanlam Investment Management
This has been concluded on before.— Patrice Rassou, Sanlam Investment Management
The reference to changing the Constitution is worrying.— Patrice Rassou, Sanlam Investment Management
The Reserve Bank has been a success.— Patrice Rassou, Sanlam Investment Management
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Please share this with your Ford-driving friends. Fire hazard, again! They must "immediately” contact a dealership.
The Money Show’s Bruce Whitfield interviews labour economist Andrew Levy.
Eskom veteran Johnny Dladla is the parastatal's new acting CEO. Bruce Whitfield interviews energy expert Chris Yelland.
State Capture… Corruption… it just goes on and on! The Money Show’s Bruce Whitfield interviews Sygnia CEO Magda Wierzycka.
The 159-year-old icon failed to evolve. Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Is the spectacular rise in the value of Bitcoin realistic? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
UDM leader Bantu Holomisa says that Baleka Mbete's arrogance and blind loyalty to the ANC and Zuma has put them in this mess.
Professor Somadoda Fikeni says Speaker will have to provide a superior argument not to approve the voting through secret ballot.
No official date has been set for the roll out of SA's new number plate legislation, but here's what you need to know so long.
Capetonians are pulling out hot water bottles and mittens as a cold front is predicted to make landfall on Thursday morning.
CapeTalk caller says Curriculum Assessment Policy Statements (CAPS) is not good for South Africa's education system.