US EditionBank wins US$2m Supreme Court case - Zimbabwe Situation
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Bank wins US$2m Supreme Court case - Zimbabwe Situation
Source: Bank wins US$2m Supreme Court case –Newsday Zimbabwe Following alleged difficulties in remitting payments due to foreign currency shortages, the company allegedly deposited funds into a non-resident escrow account at Nedbank THE Supreme Court has dismissed an appeal filed by Magic Software Enterprises Limited seeking to overturn a High Court judgment that declared that US$1 996 723,02 in Nedbank Zimbabwe was not a foreign loan. Nedbank …
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