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Constitutional Court dismisses Mkhwebane’s appeal on Reserve Bank

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The Constitutional Court has dismissed Public Protector Busisiwe Mkhwebane‘s appeal in the case between her and the South African Reserve Bank.

This relates to Mkhwebane’s application that she should not be held personally liable for costs with regard to the finding of High Court in Pretoria that set aside her report into the Reserve Bank and Absa-Bankorp lifeboat matter.

In her report on the Absa-Bankorp issue in 2018, Mkhwebane instructed that the Reserve Bank’s mandate be amended.

However, the High Court in Pretoria set aside her report and its remedial action, ordering she pay 15% of the legal fees, following a cross-application by the bank declaring that she abused her powers.

Click video below to watch the Constitutional Court ruling:

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