Cosatu marches to Absa
Members of trade union federation Cosatu have handed over a memorandum to Absa at its headquarters in Johannesburg.
Cosatu in Gauteng is demanding that the bank pay back R2.25 billion that the Public Protector said its predecessor Bankorp received as part of an apartheid-era bailout.
#COSATUGP ABSA rep takes the memorandum.STM pic.twitter.com/SEMJf7HGmW
— Jacaranda News (@JacaNews) April 20, 2017
"This bank, their executives are thieves. They steal from us. We are their clients and they have the audacity to steal from us. They steal, and they call that stealing collusion," Cosatu's Dumisani Dakile told supporters outside the bank.
Cosatu said this is the corruption that has left the country with no resources to fund free education.
Cosatu is also concerned over the findings by the Competition Commission of collusion involving several South African banks.
The federation said is South Africa is to achieve transformation, we need to ensure that these banks are held liable for their actions.
Video by Samkelo Maseko