RETURN CLIENT’S $3M : NEDBANK ORDERED
NEDBANK Zimbabwe has been ordered to return close to $3
million it had unlawfully taken from its client, Mega Market (Private) Ltd,
after making some foreign currency payment to the client’s suppliers.
Mega Market had sued Nedbank for unilaterally…
NEDBANK Zimbabwe has been ordered to return close to $3
million it had unlawfully taken from its client, Mega Market (Private) Ltd,
after making some foreign currency payment to the client’s suppliers.
Mega Market had sued Nedbank for unilaterally debiting and
crediting its bank accounts applying the new monetary policy, promulgated under
Statutory Instrument (SI) 33 of 2019, which made a