VIDEO

You're A Rich Bank, Absa

It's only R1.25 billion, so why not just pay up?

21/06/2017 17:29 SAST | Updated 21/06/2017 17:29 SAST

Public Protector Busisiwe Mkhwebane has said Absa must pay back R1.25 billion from a lifeboat loan it received during the apartheid era.

But the bank is determined to challenge the public protector's findings in court.

HuffPost SA asked spokesperson Songezo Zibi why it didn't just pay back the money.