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Lawyers sue banks over bond notes

by Alice Dube
09 Dec 2016 at 07:17hrs | Views
A group of lawyers are planning to sue several banks over alleged exorbitant bank charges and imposition of bond notes in foreign currency account of clients.

CABS, Standard Chartered and Stanbic are the first targets, Advocate Fadzayi Mahere said.

"We are assembling a class of litigants from various banks to drive the suit. The intention is to target CABS, Stanchart and Stanbic initially because this is where our current pool of willing litigants is drawn from.

"That said, the more the merrier. Very soon a call will be made inviting those interested to participate" wrote Mahere.

Source - Byo24News