Reserve Bank governor sued for R1m

SA RESERVE Bank shareholder Mario Pretorius has demanded R1million from its governor, Tito Mboweni, for alleged defamation. Pretorius said his lawyer had sent a letter of demand to Mbowenis lawyers regarding the incident at the 88th AGM of the Reserve Bank, wherein I requested an apology for his accusation that I spoke to him in a racist manner. This is a notice in terms of section three of Act 40 of 2002, delivered yesterday (Monday) to the legal department of the Sarb (SA Reserve Bank). The...