Still not ready to defend Absa writ
Mkhwebane asks high court to set hearing for first quarter of 2018
Public Protector Busisiwe Mkhwebane has failed to file an affidavit explaining why her report on the Bankorp-Absa bail-out should not be reviewed and set aside, and has asked the High Court in Pretoria to postpone this and the subsequent hearing to 2018’s first quarter. Mkhwebane had given undertakings that she was ready to defend the report — which required the Reserve Bank’s role as a lender of last resort to be reviewed. The report also recommended that Absa repay more than R1bn the Bank had advanced to Bankorp (subsequently acquired by Absa) in fulfilment of this role. She said she would do so in an answering affidavit on October 23, an extended deadline she has now missed again after the first deadline of October 16. "This application is made at the back of various attempts by the applicant to secure a postponement of the dates set out in [the] Deputy Judge-President’s directives, by consent," said Mkhwebane. She has asked the court to file her answering affidavit at the end of...
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