Nedbank has written off debts owed by pensioners, disabled people and homes managed by children.
People who owe less than R150,000 to the bank and whose municipal debt is less than R10,000 are affected by the write-off. Nedbank could not confirm whether white pensioners would also be accommodated. Thirty-three title deeds were handed over by the Gauteng MEC to so-called disadvantaged pensioners bringing the amount to R5.28 million.
Observers apparently tried to make inquiries about what became the other R1.7 million.
Read the original article in Afrikaans on Die Vryburger
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