Absa
Trying to liquidate shares of an estate

Business & Finance

As co-executor of an estate, my instructions were to liquidate all securities. My first interaction with Absa stockbrokers was with Nicky Bessa (who is now apparently on maternity leave). I e-mailed and duly posted the required documents as requested on 29 August 2013. Every other company received the documents except Absa. Nothing happened! my second attempt was posted on 25 February 2013 and to date nothing has happened. However, when I asked for the matter to be referred to a higher authority this is the response I got:

Good day

Please email us your signed letter of instructions and the copy of the liquidation and distribution account today.

Please note do not be cheacky, if we do not get what we requested I am afraid we unable to speed up the process.

Regards
Solani Sekoeta
Estates Officer

ABSA Investments: ABSA Stockbrokers (Pty) Ltd
Tel: 27 11 647 0853
Fax: 27 11 647 0831
Email: [Email Removed]
Internet Address: [URL Removed]


Company: Absa
Country: South Africa
City: Stockbrokers
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