Agreement between Absa, clients not lawful in terms of the NCA, judge finds
At issue: was the acknowledgement of debt/power of attorney a supplementary agreement?
Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
Read moreAt issue: was the acknowledgement of debt/power of attorney a supplementary agreement?
Pension Funds Adjudicator also failed to appreciate the prospect that Absa’s civil claim would succeed, says the tribunal.