Saambou Holdings Limited would like to
set the record straight after last week's inaccurate media reports regarding
its exposure to Paradigm.
Last year Saambou was appointed as the collection agent on behalf of New
Republic Bank's creditors and as such has no exposure to Paradigm.
The exposure mentioned in the media reports relates to the assets under the
collection agreement and not to any advances made by Saambou Bank.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
