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n Personal Finance Newsletter - R30m property shocker : Old Mutual unrepentant

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Abstract

Old Mutual's property group decision-makers are standing by a decision that cost policyholders R30 million. Rather than selling a building to the highest bidder, Old Mutual offloaded it to a lower bidder - which in turn sold it for a juicy profit to the highest bidder.

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/content/monpf/2009/343/EJC77686
2009-08-01
2016-12-07
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