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Investigation of Carmol Distributors and Innovatech
Published Date:
2014-12-18
Last Modified Date:
2020-10-08, 08:07 PM
Category:
Media > Media Releases
The South African Reserve Bank (SARB) has obtained a court order in terms of section 81 of the Banks Act against Carmol Distributors.The SARB has appointed Ernst & Young (EY) as temporary inspectors to conduct an investigation into the business activities of Carmol Distributors and Innovatech. For more information, investors can contact 011 772 4100 for Carmol Distributors or 011 772 4101 for Innovatech. Issued by:Hlengani MathebulaHead: Group Strategy and CommunicationsTel: +27 12 313 4210