sekunjalo
THE legal team for the Sekunjalo Group (Sekunjalo) this week tore into three of South Africa’s banks’ argument that they had not colluded when closing Group company transactional banking accounts, saying that the Competition Tribunal (the Tribunal) was correct in finding prima facie evidence to that effect.
Sekunjalo’s counsel also argued that there was prejudice in closing the Sekunjalo accounts while other companies that were accused, some even found guilty of wrongdoing, continued to be banked.
The Competition Appeal Court (CAC) spent Thursday and Friday listening to the appeal brought by Standard
