INVESTIGATION | Ithala - Billions in the Balance

The Prudential Authority of the SA Reserve Bank is seeking to liquidate KZN-based Ithala SOC due to serious concerns about the state-owned lender’s financial health. In this video, Daily Maverick's Pieter-Louis Myburgh unpacks for Scorpio the recent court application and investigates a questionable Ithala loan.Written & Narrated by Pieter-Louis MyburghProduced by Bernard Kotze & Emilie GambadeEdited by Rufaro ChiswoOriginal Theme Music & Design by Bernard KotzeSupport journalism that protects democracy. Become a Maverick Insider. https://www.dailymaverick.co.za/insider/ Support journalism that protects democracy. Become a Maverick Insider. https://tinyurl.com/SupportDailyMaverickSubscribe to our channel: https://www.youtube.com/@DailyMaverickSA/videos Follow us on X : https://x.com/dailymaverick Find us on Facebook: https://www.facebook.com/dailymaverick Check our website: https://www.dailymaverick.co.za/ Check out our Instagram page: https://www.instagram.com/dailymaverick/ Check out our TikTok page: https://www.tiktok.com/@dailymavericksa Download Daily Maverick Mobile App: https://www.dailymaverick.co.za/daily-maverick-app/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.