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height=\"315\" src=\"https://www.youtube.com/embed/podcast?rel=0&enablejsapi=1&origin=https://www.dailymaverick.co.za\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" frameborder=\"0\" allowfullscreen></iframe></div></p><p> target=\"_blank\"><br />\t\t\t\t\t\t\t<img loading=\"lazy\" width=\"720\" height=\"213\" src=\"https://www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music-720x213.png\" alt=\"\" srcset=\"https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music.png?resize=720%2C213&quality=80&ssl=1 720w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music.png?resize=480%2C142&quality=80&ssl=1 480w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music.png?resize=600%2C177&quality=80&ssl=1 600w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music.png?resize=50%2C15&quality=80&ssl=1 50w, 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https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music-1.png?resize=480%2C142&quality=80&ssl=1 480w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music-1.png?resize=600%2C177&quality=80&ssl=1 600w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music-1.png?resize=50%2C15&quality=80&ssl=1 50w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/Youtube-Music-1.png?w=724&quality=80&ssl=1 724w\" sizes=\"(max-width: 720px) 100vw, 720px\" />\t\t\t\t\t\t\t\t</a></p><p>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.</p><p>Written & Narrated by Pieter-Louis Myburgh</p><p><b>Produced </b>by Emilie Gambade & Bernard Kotze</p><p><b>Edited </b>by Rufaro Chiswo</p><p><b>Original Theme Music & Design </b>by Bernard Kotze</p><p><i style=\"letter-spacing: -0.1px;\"> </i></p><p>Written & Narrated by Pieter-Louis Myburgh</p><p><b>Produced </b>by Emilie Gambade <br />& Bernard Kotze</p><p><b>Edited </b>by Rufaro Chiswo</p><p><b>Original Theme Music & Design <br /></b>by Bernard Kotze</p><p><i style=\"letter-spacing: -0.1px;\"> </i></p><p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https://api.whatsapp.com/send?text=https%3A%2F%2Fwww.dailymaverick.co.za%2Fdaily-maverick-podcast%2F\" target=\"_blank\"><br />\t\t\t\t\t\t\t<img loading=\"lazy\" width=\"654\" height=\"114\" src=\"https://www.dailymaverick.co.za/wp-content/uploads/2024/11/WhatsAppSHARE.png\" alt=\"\" srcset=\"https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/WhatsAppSHARE.png?w=654&quality=80&ssl=1 654w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/WhatsAppSHARE.png?resize=480%2C84&quality=80&ssl=1 480w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/WhatsAppSHARE.png?resize=600%2C105&quality=80&ssl=1 600w, https://i0.wp.com/www.dailymaverick.co.za/wp-content/uploads/2024/11/WhatsAppSHARE.png?resize=50%2C9&quality=80&ssl=1 50w\" sizes=\"(max-width: 654px) 100vw, 654px\" />\t\t\t\t\t\t\t\t</a><br />\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https://www.dailymaverick.co.za/dm-podcasts/\"><br />\t\t\t\t\t\t\t<img loading=\"lazy\" width=\"600\" height=\"115\" src=\"https://www.dailymaverick.co.za/wp-content/uploads/NewsletterFooter.gif\" alt=\"\" />\t\t\t\t\t\t\t\t</a><br />\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https://www.dailymaverick.co.za/dm-podcasts/\"><br />\t\t\t\t\t\t\t<img loading=\"lazy\" width=\"625\" height=\"193\" src=\"https://www.dailymaverick.co.za/wp-content/uploads/2023/03/NEWSLETTER-FOOTER.gif\" alt=\"\" />\t\t\t\t\t\t\t\t</a></p>",
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"summary": "In a plot twist that could rival a soap opera, the Prudential Authority is gearing up to liquidate Ithala SOC, raising eyebrows and questions about the financial health of this state-owned lender—because who doesn’t love a good financial scandal?",
"introduction": "<ul><li>The Prudential Authority of the SA Reserve Bank is moving to liquidate Ithala SOC, citing severe financial instability.</li><li>Concerns have been raised regarding a questionable loan linked to the state-owned lender.</li><li>Daily Maverick's Pieter-Louis Myburgh investigates the implications of the court application.</li><li>The situation raises critical questions about the management of state resources and financial oversight.</li></ul>",
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