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It had to happen one day.
An East London businessman has taken First National Bank to court over what he claimed was bad investment advice, Dispatch Online reported on Wednesday.
It said John Alexander is demanding R272 232 in damages from FNB's Southernwood branch and one of their financial advisers, Michael Ries.
Testifying in the East London High Court on Tuesday, he labelled Ries "a blatant liar" who he said misled him into investing in offshore shares in November 2002.
full story from M&G here
It said John Alexander is demanding R272 232 in damages from FNB's Southernwood branch and one of their financial advisers, Michael Ries.
Testifying in the East London High Court on Tuesday, he labelled Ries "a blatant liar" who he said misled him into investing in offshore shares in November 2002.
full story from M&G here