Sipho Pityana, who was sacked from Absa’s board on Wednesday, has accused the banking group of “bullying and intimidation tactics” and says he will take it to court to contest his removal, which he says is unlawful.

Absa released a statement on Wednesday saying its boards had resolved to remove Pityana as a director “with immediate effect” after a meeting on Tuesday at which Pityana was asked to address their view that he was derelict in his duties and failed to act in the interests of the bank...

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