Absa

Business & Finance

We purchased a property from ABSA on an sale in execution on the 7/12/11, 6 months later the CC in who's name the property was reg was liquidated via "special resolution" by Black Pearl Liquidators who were supplied with the info by their corrupt connections in the bank. All the parties involved (ABSA, CIPRO, The Masters, Black Pearl, SANEK) are unable to provide us with this special resolution it has simply disappeared from all their files. The original sale was later ratified by BP, however a few days later we were asked to submit a fresh offer this time via BP auctioneer Patrimonio which ABSA duly accepted on 11/12/2012. In 6/2012 Black Pearl were found guilty of and removed as liq & SANEK app as sole liq. They reneged on both our offers & again auction the prop on 26/11/13. From the documents we have its clearly evident how BP committed their & how ABSA employees are implicated. ABSA have now distanced themselves from the matter. The sad part is that there are 100's of properties are involved in this and many people have been negatively affected. The parties involved have now all gone to ground, hoping this matter will disappear.


Company: Absa
Country: South Africa
City: Head office
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