Premier vows to move heaven and earth to defend Ithala

THE Premier of KwaZulu-Natal, Thamsanqa Ntuli, has thrown down the gauntlet, vowing to fight tooth, nail and legally to save Ithala SOC from the “forces” bent on wanting to collapse the black-owned bank.Ntuli addressed the media yesterday in Durban alongside the MEC for Economic Development, Tourism and Environment Affairs (Edtea), Reverend Musa Zondi, amid the looming liquidation of the bank.Ithala is locked in a legal battle with the Prudential Authority (PA), under the South African Reserve Bank (SARB), due to alleged non-compliance and insolvency.Ntuli said: “We must question the…