Category: ABSA BANK LIMITED

Constitutional case launched against SA banks

Over 225 applicants, primarily from Gauteng’s poorer townships, have instituted a R60 billion claim for damages against some of South Africa’s biggest banks.

GroundUp reports that the case revolves around a number of unlawful repossessions by the banks over the past 23 years, with the R60 billion figure based on the average estimated loss of home equity value, multiplied by the roughly 100,000 homes repossessed since 1994.

Nedbank, Absa, FirstRand Bank and Standard Bank are cited as respondents in the case, as well as the National Credit Regulator, the Minister for Justice and Constitutional Development, the SA Human Rights Commission and the High Court Rules Board.

Massive R60 billion Constitutional case launched against SA banks

Auction Alliance paid off bank officials, says report – paying referral commissions to bank officials at Absa, Nedbank, RNB/FNB and Investec.

Auction Alliance
Auction Alliance

WHILE mandated to market and sell bulk properties on behalf of Absa, Auction Alliance allegedly acquired some of the residential units for itself without disclosing this to the bank.

Auction Alliance is also accused, in the Greyling forensic report that Business Day has seen, of paying referral commissions to bank officials at Absa, Nedbank, RNB/FNB and Investec.

The report is the product of a forensic probe carried out by Allan Greyling and his team at Accountants at Law (A@L) in 2012. It has been buried away from the public eye ever since.

www.bdlive.co.za/companies/2016/05/18/auction-alliance-paid-off-bank-officials-says-report

ABSA BANK LIMITED and PIETER WILLEM PRETORIUS ID: 6603275187081

absaNOTICE OF SALE IN EXECUTION
Date of sale: 27 February 2015; Address: 23 Leask Street, Klerksdorp
Erf 864, Meiringpark Extension 5 Township, Registration Division I.P., Province of North West, in extent 1 000 (one zero zero zero) square metres, held by Deed of Transfer No. T31226/20008. Physical address: 20 Harry Street, Meiringpark Ext 5, Klerksdorp, North West. Zoned: Residential. The property consist of (although not guaranteed): Vacant stand; and Portion 1 of Erf 865, Meiringpark Extension 5 Township, Registration Division I.P., Province of North West, in extent 504 (five zero four) square metres, held by Deed of Transfer No. T35942/2009. Physical address: 18 Harry Street, Meiringpark Ext 5, Klerksdorp, North West. Zoned: Residential. The property consist of (although not guaranteed): Vacant stand. The sale shall be subject to the terms and conditions of the High Court and the Rules made thereunder and the purchaser (other than the Execution Creditor) shall pay a deposit of 10% of the purchase price and auctioneer’s commission + VAT thereon in cash, bank-guaranteed cheque at the time of the sale. The full conditions of sale and Rules of auction shall be inspected at the Sheriff Klerksdorp, 23 Leask Street, Klerksdorp. Take further notice that: 1. This is a sale in execution pursuant to a judgment obtained in the above Court. 2. The Rules of this auction and a full advertisement are available 24 hours before the auction at the Sheriff’s Office, Klerksdorp.
3. Registration as a buyer is a pre-requisite subject to conditions, inter alia:
A) Directive of the Consumer Protection Act, 68 of 2008. (URL www.info.gov.za/view/DownloadFileAction?id=99961);
B) FICA-legislation i.r.o. proof of identity and address particulars; C) Payment of a registration fee of R10 000,00 in cash; D) Registration conditions. 4. Advertising costs at current publication rates and sale costs according to Court Rules, apply. The offices of the Sheriff for the High Court, Klerksdorp, will conduct the sale with either one of the following auctioneers CG Retief. Dated at Pretoria on 14 January 2014. Nasima Khan Inc., 719 Park Street, Clydesdale, Pretoria. Tel: (012) 343-5958. Fax: (012) 343-1314 (Ref: AF0623/
E Reddy/Swazi.)

ABSA BANK LIMITED and RISHINAND LEEDA

absaNOTICE OF SALE
The property which will be put up for auction on Friday, the 24th February 2015 at 10h00 outside of the office of the Sheriff for Lower Tugela at 134/6 Mahatma Gandhi Street, Stanger/KwaDukuza, consists of: Description: Erf 4597, Stanger (Extension No. 38), Registration Division FU, Province of Kwazulu Natal, in extent 419 square metres, held under Deed of Transfer No. T65089/05. Physical address: 5 Neptune Close, Stanger.
Improvements: Brick under asbestos roof dwelling, consisting of lounge, kitchen, 1 bathroom, 1 separate toilet, 2 bedrooms, but nothing is guaranteed in respect thereof.
The property is zoned: Special Residential (nothing guaranteed). The property is zoned: Residential (nothing guaranteed). The nature, extent, condition and existence of the improvements are not guaranteed, and are “voetstoots”) The full conditions of sale may be inspected at the Sheriff’s Office at 134/6 Mahatma Gandhi Street, Stanger/KwaDukuza.
Take further note that: 1. The sale is a sale in execution pursuant to a Judgment obtained in the above Court. 2. The Rules of this auction and a full advertisement is available 24 hours before the auction at the office of the Sheriff for Lower Tugela at 134/6 Mahatma Gandhi Street, Stanger/KwaDukuza. 3. Registration as a buyer is a pre-requisite subject to conditions, inter alia: Directive of the Consumer Protection Act 68 of 2008 URL Reference Number (URL www.info.gov.za/view/DownloadFileAction?id=99961); 4. FICA—Legislation i.r.o proof of identity and address particulars. 5. Payment of a registration fee of R10 000.00 paid at time of registration in cash. 6. The office of the Sheriff for Lower Tugela will conduct the sale with auctioneers R. Singh (Sheriff) and /or S. Reddy and/or S. de Wit. 7. Advertising costs at current publication rates and sale costs according to the Court Rules apply. Dated at Durban This 15th day of January 2015. Johnston & Partners, Plaintiff’s Attorneys, 25 Claribel Road, Morningside, Durban. (Ref: N Hirzel/T de Kock / 04 A300 280.)

ABSA BANK LIMITED and KHUMBUZILE MADONDO N.O ID No. 7308130310089

absaPersuant to a judgment granted by this Honourable Court on 10 October 2011 and a warrant of execution, the undermentioned property of the First and Second Defendants will be sold in execution by the Acting Sheriff of the High Court, Randburg West, on Tuesday, the 17th day of February 2015 at 11h00, at the office of the Acting Sheriff Randburg West, at 614 James Crescent, Halfway House, Midrand, Gauteng Province, without reserve to the highest bidder.

Erf 878, Dainfern Extension 2 Township, Registration Division J.R., Gauteng Province, in extent 928 square metres (and held in terms of Deed of Transfer T9192/2006) (also known as 56 Cottonswood Road, Dainfern, Gauteng Province). Improvements (which are not warranted to be correct and are not guaranteed): Main building consists of: Entrance hall, lounge, dining-room, study, family room, kitchen, 2 bathrooms, separate water closet, 4 bedrooms, scullery. Outbuilding consists of: 2 garages, servant room, bathroom/shower/wc. The conditions of sale to be read out by the Acting Sheriff of the High Court, Randburg West, at the time of the sale, and will be available for inspection at the offices of the Acting Sheriff Randburg West, at 614 James Crescent, Halfway House,
Midrand, Gauteng Province. Dated at Pretoria on this the 13th day of January 2015.
Van Zyl Le Roux Inc., Attorneys for Plaintiff, 1st Floor, Monument Office Park Block 3, h/v Steenbok Avenue & Elephant Street, Monumentpark, Pretoria; Docex 97, Pretoria; PO Box 974, Pretoria, 0001. Tel: (012) 435-9444. Fax: 086 629 4808. (Ref: MAT19442/N Erasmus/NG.)

ABSA BANK LIMITED and KEABETSWE TERRANCE LEFAKANE

ABSA BANK LIMITED (Reg. No. 1986/004794/06), Plaintiff, and KEABETSWE TERRANCE LEFAKANE (ID: 8502045800080), Defendant
NOTICE OF SALE IN EXECUTION

absa-logoIn pursuance of a judgment granted on 17 July 2014 and a warrant of execution issued of the above-mentioned Honourable Court, that notice is hereby given, in accordance with the Regulations of the Consumer Protection Act 68 of 2008, as amended, that a sale in execution will be held by the Sheriff, Rustenburg, at the office of the Sheriff, cnr of Brink & Kock Streets, @ Office Building, Van Velden-Duffey Attorneys (67 Brink Street), on 12 December 2014 at 10h00, of:
Erf 3972, Tlhabane Wes Extension 2 Township, Registration Division J.Q., Province of North West, measuring 280 (two eight zero) square metres, held by Deed of Transfer T53561/10, subject to the conditions held therein (also known as 3972 Tlhabane Wes, Rustenburg). Particulars of the property and the improvements thereon are provided herewith, but are not guaranteed. Improvements: 2 x bedrooms, 1 x bathroom, 1 x kitchen, 1 x dining-room, 1 x lounge. A copy of the Regulations of Act 68 of 2008, as aforementioned, can be obtained from: thornton.co.za/resources/
34180 rg9515 gon 293.pdf.
Inspect conditions at Sheriff, Rustenburg, Tel: (014) 592-1135. Timn du Toit & Co Inc. [Tel: (012) 470-7777.] (Ref: N Rappard/NT/PR2988.) C/o Smit Stanton Inc., 29 Warren Street,
Mafikeng. (Ref: NJ/ABS32/0028.)

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