South Africa: Millions of Rands Siphoned From Numsa's Insurance Company, Report Shows

3Sixty Life, currently under curatorship, made huge loans which haven't been repaid

Millions of rands in insurance premiums paid by members of the National Union of Metalworkers of SA (NUMSA) were siphoned from life insurer 3Sixty Life to prop up other NUMSA-owned companies between 2017 and 2019.

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