A SOUTH African bank has seized nearly a million rand (about $122_000) from popular leader Winnie Madikizela-Mandela after she failed to repay a loan, Sunday newspapers reported. Madikizela-Mandela secured a R600_000 loan from First National Bank on the basis of a lucrative “diamond-exporting transaction”, reports by The Sunday Times and City Press said. But the deal fell through and the bank stripped Madikizela-Mandela of her investments after she failed to repay the loan and lost a court interdict last Friday to stop the bank reclaiming the money. – AFP