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presumption of enrichment

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Refund of incorrect payment by bank to individual as unjustified enrichment

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on February 19, 2025

According to a judgment of the high court in December 2024, a bank successfully applied for repayment of an amount that had been erroneously paid to an individual who was joint administrator of a trust to which the money ought to have been paid.

A presumption of enrichment arises when money is paid in error.

Posted in Insurance

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