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

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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

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