As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
Democracy in Action, a civil society organisation, is raising funds on a crowdfunding website to cover the bill that Public Protector Busisiwe Mkhwebane will have to pay following a damning Constitutional Court judgment last month.
This week the court heard how the Public Protector failed to “apply her mind” during the Bankorp-CIEX probe and possibly breached the Constitution. Fin24 wraps up the top 10 quotes heard in the case.
The Public Protector’s counsel has argued that the lifeboat extended by the SARB to Bankorp, which was facing insolvency during the apartheid era, was unlawful.
Public Protector Busisiwe Mkhwebane’s conduct during the litigation process of the Bankorp-CIEX report was disrespectful to the law and the courts, the SARB’s counsel has argued.
The court review of the Bankorp-CIEX report started with non-profit company Open Secrets presenting its case to be admitted as a friend of the court.
Firing its latest salvo in the CIEX court case, the central bank wants the Public Protector to pay dearly, writes Dewald van Rensburg.
The Reserve Bank has applied for a declaratory order from the high court that Busisiwe Mkhwebane abused the office of the Public Protector, and wants her to pay legal costs independently.
ANC MPs in the justice and correctional services committee voted against establishing an ad hoc committee to handle the process of reviewing the Public Protector's fitness to hold office.
Public Protector Busisiwe Mkhwebane's report on the Bankorp bailout is riddled with errors, says the South African Reserve Bank
Public Protector Busisiwe Mkhwebane has touched on two highly contentious issues: the unresolved bailout for a local bank three decades ago and the role of the country's Reserve Bank, says Alan Hirsch.
The court will hear an application from the Public Protector against a ruling which requires her to pay a portion of the SA Reserve Bank's legal costs in the Bankorp matter in her personal capacity.
Judgment on the Bankorp-CIEX report has been reserved and the court will endeavour to deliver judgment early 2018.
Public Protector Busisiwe Mkhwebane’s legal counsel has argued that the SARB has launched a personal attack on her integrity which could cost Mkhwebane her job.
Instead of granting ABSA its request for a meeting, the Public Protector chose to meet with other parties - including ABSA’s adversary BLF - before finalising the Bankorp-CIEX report.
A court will review the Public Protector’s report on apartheid bailout money for Bankorp which was bought by ABSA, to determine if there are still monies outstanding to the Reserve Bank.
ABSA CEO Maria Ramos says the bank will seek a punitive cost order if Public Protector Busisiwe Mkhwebane continues to defend the Bankorp/CIEX report.
Public Protector Busisiwe Mkhwebane insists that Absa benefited from the bailout of Bankorp in the 1980s, and that the 2002 expert panel led by Judge Dennis Davis simply got it wrong.
The South African Reserve Bank has won its application to have the Public Protector's remedial action to change its constitutional mandate set aside.
Reserve Bank governor Lesetja Kganyago says a directive that the bank should exercise its powers in consultation with Parliament must be “stopped in its tracks”.
Former Reserve Bank governor Tito Mboweni has warned Public Protector Busisiwe Mkhwebane not to interfere in the independence of the bank.
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