BoN decisions ‘unconstitutional’, Trustco alleges

Takes battle to High Court

Sections of the Banking Institutions Act which deal with offences and penalties, the prohibition on conducting of banking business by unauthorised persons, as well as winding-up or judicial management are unconstitutional, Trustco alleges.

Jo-Maré Duddy

Vor 2 Jahren 28 September 2022 - 2022-09-28 00:00:00

Trustco Group Holdings’ ongoing struggle with the Bank of Namibia (BoN) to allow its banking subsidiary to become a fully commercial bank, is heading to the High Court.Trustco Gr

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Allgemeine Zeitung 2024-11-15

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BoN decisions ‘unconstitutional’, Trustco alleges

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Allgemeine Zeitung 2024-11-15

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