Outgoing Commissioner Tembinkosi Bonakele launched one of the Competition Commission's most daring cases, raiding eight life insurers days before the end of his term. | Fin24
Outgoing Commissioner Tembinkosi Bonakele launched one of the Competition Commission's most daring cases, raiding eight life insurers, days before the end of his term. publicly launched one of the Competition Commission's most daring cases just days before he was due to exit as head of that office.
The commission raided the premises of eight life insurers, including all but one of the sector's JSE-listed giants, Liberty, and they stand accused of sharing pricing information and passcodes to access each other's systems so that they would align their prices.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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