John Mojake News Today

Hundreds of aggrieved bank customers have filed an application in the Gauteng High Court seeking certification of a R60 billion class action, claiming their homes were unjustly sold in execution for as little as 10% of their market value.

Banks face lawsuit over unjust sale of homes By Lyse Comins Share Durban - The country’s major banks are heading for a showdown with hundreds of aggrieved customers who have filed an application in the Gauteng High Court seeking certification of a R60 billion class action, claiming their homes were unjustly sold in execution for as little as 10% of their market value. More than 200 bank customers, including Innocent Gwisai, Ernest Mashaba, John Mojake, Gladys Mviko, Elizabeth Majoro, Magda Od...