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South Africa / 07-05-2012

SARB director quits after Hitler claims

Johannesburg - Controversial SA Reserve Bank (Sarb) shareholder Stephen Goodson has quit as a director of the central bank.

 

"Mr Stephen Goodson, a shareholder elected non-executive director of the SA Reserve Bank, has resigned as board member with effect from May 3 2012," the SARB said in a statement late on Thursday.

 

His term was due to end in July.

 

Last month, the Mail & Guardian (M&G) reported that Goodson held contentious views that included admiring the economic policies pursued by Adolf Hitler in Nazi Germany.