A little known aspect of Saambou's recent demise was that the bank had, until recently, been systematically overcharging it's clients on their mortgage bonds. So much so that, by now, it could owe them a billion rands or more! Now that FirstRand has taken over, will the balances be corrected, or will FirstRand go along with the official DTI cover-up? (Will any Saambou client who finds a surprise credit on his monthly statement please let us know!)
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