Kirkinis unmoved by Abil fall

Leon Kirkinis, the former CEO of African Bank Investments, was unrepentant after the lender he created failed in August 2014, wiping out billions of rands for investors, according to the findings of an investigation into the bank's collapse. Kirkinis, 56, felt the company, known as Abil, had a "rosy future" and it was wrongly placed under administration by caretakers appointed by the Reserve Bank, having survived other crises in the past, John Myburgh, who led the probe, said in a report publis...