Emerald van Zyl, the usury expert who is bringing a case of discrimination against FNB in the Cape Equality Court, has now trained his sights on Standard Bank.
He claims the bank has over-stated its financial statements by as much as R2 billion since 2009 through a R50 a month admin charge that was declared illegal by the Supreme Court in 2013. Ciaran Ryan, a journalist at Moneyweb, provides some insight into the topic in his discussion with Nompu Siziba.