Sipho Pityana takes legal action against Absa over board removal

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South Africa Headlines News

Sipho Pityana, former lead independent director of Absa, has initiated legal action against Absa, saying that his removal from the board of directors last month was punishment for challenging the Prudential Authority.

Absa spokesperson Phumza Macanda confirmed on Wednesday evening that the bank had “received notification of Mr Pityana’s application”.

It emerged through court papers that Pityana had resigned from his position at AngloGold Ashanti in December 2020 after allegations of sexual harassment, which he has denied. “There is no basis at all for this decision. On the contrary, it is clear from the events leading up to my removal that I am in effect being victimised for legitimately exercising my rights.

Pityana initially told Lucas-Bull about a “false sexual misconduct complaint” and said the complaint was unfounded and was part of a scheme to ensure his departure from the company. Pityana did not disclose that a senior advocate was involved in investigating the allegation, nor that there was a final report in which his version of events was rejected, Lucas-Bull said. he decision to challenge the PA was not taken lightly.

 

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RSA advocates are getting rich day by day because of clever Blacks🤣🤣

It seems the Prudential Authority was avoiding systemic risk, hence it deemed it fit to notify ABSA of the potential reputational risk if it appointed him chair as he had resigned from AngloGold Ashanti after being accused of sexual harassment

He won't win anything.. He must just give up

Serves him right, let him go back to the save sa organization and be a board member

What? WMC is turning against one of its favourite puppets. Karma. God dont sleep. Who's next? Zwelinzima1 VoetsekPityana MorningLiveSABC EFFSouthAfrica SkeemSaam eNCA

Akahambe ayofa lo Satan

so the sexual harraser who resigned from anglo gold to avoid charges was found unfit to be chair, scumbag should have never been hired by Absa in the first place. do Absa actually screen their BBBEE charity cases.

Azumudle 🤣🤣🤣

All because of his 🐓

Konje kuhamba kanjani kuleliyacala lokubamba ngendluzula?

VuyoJack1 Zizokhala kungekudala😂😂😂😂🤞

Seems his saying I’m challenging my non appointment as ABSA chair, I’m also seeking some remedy against Absa who are challenging this btw but no keep me on the board while I challenge essentially the same board... hai nog maan

He crying for something doesn't represent black people, disgusting.

Please advise him not to get AdvDali_Mpofu to represent him.

I'm loving this

Ijampile kwi askari...!

😂😂😂😂😂

🤣🤣🤣🤣🤣 SA Save Pityana

Ziyakhala 😂Sipho can't save himself but he wanted to save us from state capture

Zimkile iinkomo magwalandini!

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