WATCH: Why was Absa asked to pay back the money?

Public Protector Busisiwe Mkhwebane released her findings on the CIEX report on Monday.

She found that the SA government failed to implement an external report that investigated Bankorp/Absa and ordered the bank to repay R1.125-billion that she claims was an "illegal gift" in the form of an apartheid-era loan.

Here’s an explainer showing why Absa was asked to pay back the money.