Ombud closes 1 000 unresolved property complaints

Ombud closes 1 000 unresolved property complaints

The Office of the Ombud for Financial Services Providers (Fais) is closing more than 1 000 active property syndication complaints without adjudicating them, reports Moneyweb. The office is now writing letters to the complainants informing them that it has determined that these complaints are more appropriately dealt with by a court.

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