Barclays Africa must repay 1.1 billion rand over bailouts
19 Juin, 2017, 18:30 | Author: Marc Bacque
The public protector said she is not politically motivated or "captured". We will work side-by-side with the Public Protector.
Absa has noted the Public Protector's statement today regarding her investigation into the SA Reserve Bank's assistance to Bankorp between 1985 and 1995. "This was accepted by the Davis Panel".
"Absa did not make a provision in its accounts for the repayment of the interest on the SARB loan to Bankorp because no such liability to repay interest existed", they said.
Aside from the #GuptaLeaks, the investigation will also look at the controversial re-appointment of Brian Molefe as head of Eskom.
Absa stated, "the remedies proposed in the Provisional Report are neither practically feasible nor legally competent". In particular, the recovery of any debt allegedly due (which is denied) has long ago prescribed in law.
She found that the bank and its predecessor Bankorp unduly benefitted from a R1.125 billion bailout from the Reserve Bank. "Failure to recover the "gift" resulted in prejudice to the people of South Africa as the funds could have benefited the broader society instead of a handful of shareholders of Bankrop/ABSA Bank".
UK police arrest man at station, say no terror link
Officers were scrambled to the scene near to the junction with Praed Street following reports of a man acting suspiciously. Dramatic images from the scene showed a man being restrained by police outside Paddington station on Monday.
Guggenheim Capital LLC acquired a new stake in Clovis Oncology during the fourth quarter valued at approximately $2,824,000. The business had revenue of $7.05 million during the quarter, compared to analysts' expectations of $6.04 million.
The protection can be revoked at any time , and some young immigrants have lost DACA protections after being arrested for crimes. On Thursday, Kelly endorsed the news according to which Trump administration is shutting down protection for immigrant parents.
With Canada's blood supply at critically low levels, I think the best way to celebrate my father would be to donate blood. Let's celebrate the day and honours dads all across the world for their superhuman qualities and overpowering love .
Wearing fake suicide vests, they went on to knife revellers in the nearby Borough Market before being shot dead by police. Nevertheless, he was deemed by MI5 and British Police to be an individual not considered to be a "subject of interest".
But Mr Comey also testified that to his knowledge the president had not tried to stop the Russian Federation investigation. But a source close to the President told CNN's Jim Acosta that Trump has been advised to avoid such a dramatic move.
Assad, Russia, and Iran maneuver for control and influence in territory reclaimed from ISIS in eastern Syria . F-15 fighter jet shot down an Iranian-made drone after it fired on partnered ground forces in southern Syria.
Retail stocks were battered on Friday after Amazon .com's $13.7 billion deal to buy upscale grocer Whole Foods. Oil prices edged higher, after coming under pressure over the past month from rising production.
Nutterbutter who took out a massive check for "three acorns and eighteen cents" for Murray if he plans on suing the show. Throughout his campaign, President Trump repeatedly promised coal miners he would preserve their jobs.
Amarillo Gas Prices Fall Under $2/g Average
Hartford- $2.40/g, down 3.8 cents per gallon from last week's $2.44/g. That's about 6 cents less than one year ago at this time. Motor club AAA puts the price at the same level.
Dem 'concerned' Trump will fire investigators
Peter Carr, a spokesman for Mueller, told AFP he now has "13 attorneys on board, with several more in the pipeline". There has been no indication that Mueller told Trump to fire Comey.
Van Strikes Pedestrians Outside Mosque in London
Ms Rudd said: " Londoners have been hit with a series of attacks and have actually been nothing short of heroic". Footage has emerged of the moment the suspect in the Finsbury Park mosque attack was arrested by police.
Ashford (AINC) Given Daily News Sentiment Score of 0.20
Canaccord Genuity reiterated a "hold" rating on shares of Ashford Hospitality Trust in a report on Friday, May 19th. Finally, DA Davidson assumed coverage on shares of Ashford Hospitality Trust in a report on Wednesday, March 22nd.