Sipho Pityana comes out with guns blazing after victory over Absa
15 May 2023 - 10:06
UPDATED 15 May 2023 - 23:00
Sipho Pityana, who was removed as an independent nonexecutive director of Absa’s board in November 2021, has won an opening victory in a series of legal battles in which he is engaged with the bank.
On May 10, the high court in Pretoria dismissed an application by Absa to have his request for a judicial review of the bank’s board decision deemed an irregular step. The court also ordered Absa to pay Pityana’s costs in the matter and to grant him access to records of the decision-making at Absa board meetings that resulted in his removal...
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