Stay updated with breaking news from Ernest Mashaba. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 Odendaal, Anne Peachey and Johannes Theunis Booysen as well as the Lungelo Lethu Human Rights Found...