Absa
MISTAKE FROM ABSA STOCKBROKERS

ABSA Stockbrokers purchased too many Lonmin shares incorrectly (without me putting money into my stockbroking account) and as a result my stockbroking account went into a negative balance. They also charged me brokerage fees without my consent.

I was contacted by Graeme Masher who basically tried to force me to sell my Lonmin shares. I have this telephone call recorded as well. I informed him that I made no mistake and he has no right to force me to sell my Lonmin shares.

I explained to him that this was ABSA Stockbrokers mistake and he had no right to try and make it seem like I made a mistake.

ABSA Stockbrokers are now charging me interest payments for the negative balance on my stockbroking account (which was not my fault in the first place). I have been charged over R1, 000 on interest payments in just 2-months. This is RIDICULOUS for a mistake that was not my problem.

According to my contract with ABSA Stockbrokers I am not liable to any interest payment if the mistake was a fault by ABSA Stockbrokers.

I have made numerous phone calls and emails but they refusing to remove the interest charged to me. I have these emails as proof

VERY UNPROFESSIONAL SERVICE!!!

Company: Absa
Country: South Africa
City: EMPIRE ROAD

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