Ithala Bank wins court battle – and control of its finances and operations – The Mail & Guardian

Date:


Ithala Bank

The high court in Pietermartizburg has ordered payment administrator Johannes Kruger to return control of Ithala SOC LImited’s non-banking assets and operations. Photo: Ithala

The judge says the bank is not a Ponzi scheme and cannot be stripped of it non-banking powers

This content is restricted to subscribers only.

Join the M&G Community

Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.

Subscription enables:

  • – M&G community membership
  • – independent journalism
  • – access to all premium articles & features
  • – a digital version of the weekly newspaper
  • – invites to subscriber-only events
  • – the opportunity to test new online features first

Already a subscriber?

.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related