Absa: Public Protector has not explained her different findings to Davis panel

Absa has explained its reasons for a court challenge against the findings of the Public Protector Busisiwe Mkhwebane .

Spokesperson Songezo Zibi explains to Stephen Grootes why it believes she has behaved in a legally irrational manner.

We believe the Public Protector's findings are wrong and irrational.

Songezo Zibi, Absa

He says the findings moved from using the testimony of Dr Chris Stals to using the findings of the Davis panel of experts, yet with a different outcome in terms of the determination of the liability.

She does not explain why she differs from the Davis panel's findings and has not given an explanation, he adds

In January Absa asked for the original documents from which she drew her conclusion and she refused to provide them.

Is it damaging the bank?

Read: Exclusive:Judge Dennis Davis explains why Absa wasn't ordered to back the money

Absolutely...You have a lot of people that think Absa behaved corruptly and owes money, and people vowing to shut down branches.

Songezo Zibi, Absa

This is not about the money but about the correct facts and the court might be the right place...to ventilate all the issues.

Songezo Zibi, Absa

Is the Public Protector playing a political role?

He says Absa does not want to speculate on the motives behind the findings at this stage.

The remedial action that Constitution be amended is not something Busisiwe Mkhwebane is empowered to do as the Public Protector, he says.

Don't tamper recklessly with the Reserve Bank mandate.

Songezo Zibi, Absa

Take a listen:


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Wits Nehawu members down tools over salaries

Wits Nehawu members down tools over salaries

Nehawu Wits acting secretary Tumisho Madihlaba says negotiations with management deadlocked resulting in a strike.

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

Former Eskom interim CEO Sean Maritz under fire for signing off R400 mil payment

‘Documents show that the fee contract was entered into by Anoj Singh & signed off by the acting CEO Sean Maritz' - Chris Yelland

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

‘Qedani Mahlangu helped people die then she ran away’ – Stephen Grootes

Stephan Grootes shares his views on the events that unfolded at Life Esidimini and comments on Qedani Mahlangu’s apology.

Metrorail train derails due to vandalism on the central line

Metrorail train derails due to vandalism on the central line

The Central line was set to resume services on Thursday but has been postponed due to vandalism at Heideveld and Netreg stations.

Hawks Mulaudzi neither confirms or denies reports about possible Guptas arrests

Hawks Mulaudzi neither confirms or denies reports about possible Guptas arrests

Hawks spokesperson confirmed working closely with the NPA but cannot disclose cases it is working on until people are charged.

AfriForum: H&M advert was not racist

AfriForum: H&M advert was not racist

AfriForum says it has laid criminal charges against the EFF's Malema, Ndlozi and Shivambu for incitement to commit violent crimes.

Popular articles
I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

Vavi: I can't sleep at night for making Zuma the president

Vavi: I can't sleep at night for making Zuma the president

Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.

Why the PAC wants South Africa renamed Azania

Why the PAC wants South Africa renamed Azania

Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.

WATCH: Zuma denies crisis at Sassa, won't evaluate isiphithiphithi (chaos)

WATCH: Zuma denies crisis at Sassa, won't evaluate isiphithiphithi (chaos)

Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

What in the World Happened To ... Felicia Mabuza-Suttle

What in the World Happened To ... Felicia Mabuza-Suttle

The #Afternoondrive team located entreprenuer and talk show host, Felicia Mabuza-Suttle to find out what she's been up to since she left our screens.