The lone SA bank that remains in the Competition Commission’s rand manipulation case insists it did nothing wrong and will go to trial to defend itself. 

The eight-year-old case all but collapsed on Monday when the competition appeal court (CAC) dismissed the case against all except five of the 28 banks the commission had alleged were in a “single overarching conspiracy” to fix the rand-dollar exchange rate in the New York market more than a decade ago. ..

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