April 19, 2018 / 3:28 PM / 4 months ago

BRIEF-Absa Bank Says Received Notice From VEB On April 19

April 19 (Reuters) - Absa Bank Ltd:

* ABSA BANK LTD - ABSA RECEIVED A NOTICE FROM VEB ON AFTERNOON OF THURSDAY, 19 APRIL 2018

* ABSA BANK LTD - NO NOTICE WAS SENT TO ABSA PRIOR TO THIS

* ABSA BANK LTD - NOTICE PURPORTS TO ESTABLISH LIABILITY ON PART OF ABSA FOR LOSSES ALLEGEDLY SUFFERED BY INVESTORS IN STEINHOFF

* ABSA BANK LTD - REITERATE THAT ABSA BANK LTD WAS JSE TRANSACTION SPONSOR TO STEINHOFF INTERNATIONAL HOLDINGS LIMITED

* ABSA BANK LTD - ABSA’S MANDATE SPECIFICALLY DID NOT INCLUDE COMPILATION OR REVIEW OF FINANCIAL STATEMENTS OF STEINHOFF SOUTH AFRICA

* ABSA BANK LTD - ABSA DISPUTES ALLEGATIONS AND WILL RESPOND TO VEB IN DUE COURSE. Further company coverage:

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