Competition Tribunal orders rewrite of charges in banking rand-rigging case
The tribunal has found deficiencies in referrals by the Competition Commission against a raft of SA and international banks, which has 40 days to redraft its accusations
12 June 2019 - 13:40
The Competition Tribunal has ordered anti-trust investigators to rewrite charges of currency manipulation against banks, drawing out a legal battle four years in the making.
While rejecting bids from lenders to have the case dismissed, the tribunal found deficiencies in referrals prepared by the Competition Commission and gave the body 40 days to redraft its accusations...
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