The 429 page long court papers of the Prudential Authority (PA), which is seeking to liquidate Ithala Bank, has dismissed claims made in public by the latter that it is solvent. In an affidavit filed by the CEO of the PA, Nomfundo Tshazibana for the Pietermaritzburg High Court, she said in October 2024, Ithala Bank… Continue reading EXCLUSIVE: Prudential Authority tells Pietermaritzburg High Court Ithala has Inadequate Money to Refund Clients in Case of Emergency