Willard Katsande is in serious trouble
Zimbabwean-born footballer and former Kaizer Chiefs defender, Willard Katsande is reportedly on the brink of losing his R2 million luxury Johannesburg house after he defaulted on his monthly instalments.
According to the publication, the Gauteng High Court granted SB Guarantee Company a default judgment to repossess the former Kaizer Chiefs player’s house earlier this month. SB Guarantee Company is a subsidiary of Standard Bank. The court papers reportedly reveal that Katsande’s loan payments have increased to R200 611 after he missed about eight instalments.
“This is an unopposed application for default judgment and an order declaring the immovable property of the respondent executable.
“Since the issuing of summons, the arrears as well as the outstanding debt, has escalated. One would realise that since the issuing of summons, the arrears as well as the outstanding debt, has not been paid,” the company reportedly said in court. In the papers, the company filed a court order to secure the property.
“The forced sale value is R1 760 000 and the local authority valuation is R1 550 000. The outstanding rates and taxes owed is in the amount of R59 344, plus R23 237. Speaking to the outlet, Katsande explained that he is currently paying for two houses. He added that he pays for the R2 million Joburg home with the extra money he gets from his business. The retired soccer star and his wife have a clothing line called Boss ya Mboko.
“The other payment goes out via a debit order and the other house pay via my bank app. There was a technical problem with the app that led me to paying one bond and not paying everything. In addition, he said he got in touch with the bank lawyers after receiving a summons. I made the first payment at the end of January and I also paid some money towards the arrears. I think everything is sorted,” he said.
In Other News – This is how AKA was Killed – Video
South Africa – The ANC in the eThekwini region has called for a team of IT experts to analyse the footage capturing the murder of top Mzansi rapper AKA and his friend Tebello ‘Tibz’ Motsoane.
The footage released showed AKA and his friends leaving Wish Restaurant and they were ambushed by gunmen who shot them in a close range and ran away on foot on Florida road, Durban on Friday.
EThekwini ANC regional spokesperson, Mlondi Mkhize said that they have noted footage circulating in various social media platforms of the alleged murders of Kiernan ‘AKA’ Forbes and his friend.
“We support the police encouraging members of the public to volunteer any information that may lead to the arrest of suspects through the crime stop hotline 08600-10111.
“Tips and leads portal must be established to enable those who have other information to assist the investigation process,” he said.
Mkhize said on several occasions, they have called for the use of sophisticated technology to enable law enforcement agencies to fight crime effectively. Watch Video