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ABSA's 5 key arguments on Public Protector report

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Cape Town - ABSA reiterated that the Public Protector's report stating that it allegedly owes R1.125bn to the SA Reserve Bank is baseless, unfair and prejudicial.

On Thursday the bank announced that it submitted an application in the North Gauteng High Court in Pretoria to challenge the report, which will also give South Africans an opportunity to hear the facts and watch them being interrogated.

"We look forward to this case being brought to court," the bank said."The years of baseless accusations have been unfair and prejudicial to ABSA."

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