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Abil's BEE partners get their day in court

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Johannesburg - The battle between the former empowerment partners of African Bank Investments Limited (Abil) and the failed bank’s former directors and auditor Deloitte & Touche is set to go to court next year.

Abil’s ex-empowerment partners have refiled court papers, in which they squarely blame the R41 billion that they say the failed bank’s former shareholders lost, on the bank’s directors and Deloitte.

Hlumisa Investment Holdings’ chairperson Desmond Lockey said this week that the R2.1 billion case against the directors and Deloitte would go to court next year.

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