After carefully reading judge Dennis Davis’ comprehensive, detailed laceration of the Competition Commission’s last-ditch attempt to salvage its long-running complaint against a group of 28 local and foreign banks, I was left perplexed: why on earth has the commission pursued this case? 

It also got me thinking about whatever happened to that forensic investigation into the commission’s dodgy procurement practices. The probe, announced in 2019, was set to go back three years, prompted by the Treasury’s concern about the commission’s frequent overspending, discoveries of improper expenditure by the auditor-general, and media reports about the commission’s suspect procurement habits involving Bryanston-based law firm Ndzabandzaba Attorneys. ..

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.