Expropriation without compensation – The impact on Banks and Mortgage Bonds

Expropriation without compensation – The impact on Banks and Mortgage Bonds
Expropriation without compensation, the phrase on everyone’s lips. On 27 February, the National Assembly passed a motion which mandates a Constitutional Review Committee to review Section 25 and the issue of expropriating land under the Constitution. Section 25 of the Constitution provides property may be expropriated only for “a public purpose or in the public interest” […]