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Absa's Maria Ramos speaks out on Public Protector's leaked report

20 January 2017 12:59 PM

Absa CEO Maria Ramos says she trusts the Public Protector despite "factual and legal inaccuracies" findings in her leaked report.

Absa CEO Maria Ramos says it's unfortunate that the Public Protector's report was leaked.

The report leaked last week states that Absa should repay R2.25bn to the fiscus for an apartheid-era Reserve Bank bail-out for Bankorp.

I think the Public Protector herself Advocate Mkhwebane has already said that this is a provisional report and that we as Absa believe there are both factual and legal inaccuracies in this report, and that we will have an opportunity to deal with those when we meet the Public Protector.

Maria Ramos, Absa CEO

I have to trust in the Public Protector. I think the Public Protector as an institution is an institution that we have to respect. We have no reason not to trust the Public Protector.

Maria Ramos, Absa CEO

Listen to the audio below for more updates from Davos...

[WATCH] EWN speaks to Ramos in Davos...


20 January 2017 12:59 PM