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South Africa: Jubilee South Africa to oppose Absa/Barclays Deal in Court

Author: Dennis Brutus, Prof. Emeritus, Univ. of Pittsburgh [USA] & Jubilee So. Africa, Published on: 30 June 2005

On the 5th of July 2005...in the Johannesburg High Court, Professor Dennis Brutus and Jubilee will make ex-parte applications to the High Court, stating their opposition to the takeover of Absa by Barclays...advising it that Barclays Bank aided and abetted the Apartheid Regime and has been misleading in information provided to the JSE [Johannesburg Stock Exchange] and SRP [Securities Regulation Panel], including the glaring omission that Barclays is the lead defendant in ongoing litigation in the USA. [also refers to Anglo American]

Read the full post here

Related companies: Absa Anglo American Barclays