Strike three: Is Iqbal Survé finally unbankable?

Nedbank has joined other banks and put Iqbal Survé and his entire Sekunjalo empire on notice. The bank is closing the accounts of 43 different related entities. Among the reasons are ‘odd’ transactions ranging from donations to Carl Niehaus and others, to what was tagged as a R25-million divorce ‘settlement’ paid from funds held by the struggling African News Agency.