Mkhwebane loses court bid on personal costs order over Bankorp report

The Pretoria High Court has dismissed public protector Busisiwe Mkhwebane’s bid to appeal the personal costs order in the Absa/Bankorp review application.

Last month, a full bench of the court set aside the public protector’s finding that R1.125 billion must be recovered from Absa Bank for the Bankorp bailout in the mid-1980s.

The court ordered Mkhwebane to pay 85% of the costs of Absa and the South African Reserve Bank (Sarb) in her official capacity, but to personally pay 15% of the costs.

This is a developing story. More to follow.

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