
ConCourt narrows rand-rigging case but keeps key claims alive
The Competition Commission failed to revive most claims against the banks, but the judgment clarifies the legal framework under which the remaining case will proceed.

The Competition Commission failed to revive most claims against the banks, but the judgment clarifies the legal framework under which the remaining case will proceed.

A High Court ruling has refused FirstRand’s summary judgment bid, signalling stricter scrutiny of debt claims, documentation, and enforcement processes.

The recording’s admissibility under RICA and common-law principles were key to overcoming allegations of forgery and invalid electronic execution.