"The Public Protector has not ordered Absa to pay back the money"

A day after the briefing, Advocate Paul Hoffman from Accountability Now, lodged the original complaint, continues to analyse the Public Protector's report calling for Absa to pay back an apartheid-era bailout.

Absa says it will be taking it on review.

He says Absa would have a difficult time suggesting Public Protector had no business considering the claim at all.

Government paid Ciex 600 000 pounds, or R10 556 972, for the report.

The Public Protector, despite what some of the media are reporting, has not ordered Absa to pay back the money.

Advocate Paul Hoffman, Accountability Now

Hoffman says Absa should be cautious on the route it takes.

She has accepted that there is a partial liability of R1.1 million and has said the SIU must investigate recover the money once it receives a mandate from the President to do so.

Read: Advocate Paul Hoffman explains the history of CIEX report and its relevance

Take a listen:


This article first appeared on 702 : "The Public Protector has not ordered Absa to pay back the money"


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