Public Protector Busisiwe Mkhwebane has opened a criminal case in relation to the leaking of the draft report into the apartheid-era Reserve Bank bail-out of Bankorp. Mkhwebane said on Thursday that she had asked police to "get to the bottom" of the leak. The draft report, leaked last month, concluded that Absa should repay R2.25bn to the fiscus for the bail-out of Bankorp between 1985 and 1991. Absa acquired Bankorp in 1992. While a 2000 investigation by Judge Dennis Davis found Absa had paid for the continued assistance in the purchase price, the CIEX report, on which the public protector relied, found that billions were recoverable from Absa.

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.