News24.com | Court docket freezes about a of top attorney Barnabas Xulu’s bank accounts in long-working correct costs dispute
- Attorney Barnabas Xulu had his bank accounts frozen by a court speak.
- A settlement agreement is the realm of a dispute between Xulu and the Atmosphere, Forestry and Fisheries Division.
- The department secured an speak that his bank accounts be frozen, and a rental and Porsche secured except the matter is resolved.
A number of of successfully-identified attorney Barnabas Xulu’s bank accounts had been ordered frozen by the Western Cape Excessive Court docket in a long-working war with the Division of Atmosphere, Forestry and Fisheries over correct costs paid by the department.
Xulu has done correct work for the department, but the validity of the Carrier Stage Agreement (SLA) and a settlement agreement has been the realm of a long-working dispute and inner battles, which have spilled into the high court.
It incorporated costs for coping with a complex 7.5 million US greenbacks restitution fee agreement between US authorities, foreign banking establishments and the National Prosecuting Authority (NPA) by a convicted lobster smuggler.
Xulu’s companies had been to be terminated in August 2018, with the exception of for the US case, but the Division of Agriculture, Forestry and Fisheries (sooner than the department modified into once separated into Division of Atmosphere, Forestry and Fisheries), and Treasury, agreed to resolve for an quantity of R20 million.
The troubles then escalated over whether the agreement modified into once staunch or not.
The parties had been in a war over who owes who, and whether he can have to pay the a refund.
An speak in favour of both departments, dated 12 October, gave gaze that Xulu and the corporate – Barnabus Xulu & Companions Integrated – can have to give the the rationalization why he can have to never pay R20 242 272. 90.
In the interval in-between, Incovision (Pty) Ltd, Setlacorp (Pty) Ltd and Xulu had been ordered to not enable the switch, dissipation or withdrawal of funds from their accounts.
READ | High attorney Barnabas Xulu ordered to pay aid R20m in correct costs to fisheries department
This involves money received, or to be received in future with out glide away of the department. Also, First National Bank and Investec Bank had been also interdicted from allowing switch, dissipation or withdrawal of funds from the three accounts, or any entity Xulu has protect watch over over.
Incovision and Xulu had been interdicted over a property in Sheffield Seaside in KwaZulu-Natal. A list of resources at the property ought to be taken, and no resources is also eliminated from it.
The Sheriff within the dwelling modified into once suggested to enter the property for the inventory, taking a locksmith, if significant, or by force, and the companies of Tracker had been to be former to label and pick up the Porsche.
Xulu indicated to Knowledge24 that it involves the restitution fee and companies rendered to make a choice up the a refund to the South African govt, to secure up for the lack of the country’s marine resources within the lobster case.
This agreement also spellbinding a fastidiously brokered settlement with the accused parties within the US, and banks in other worldwide locations.
“[The] expect is, does it would maybe be done free of fee or [does] the speak have to pay for this sweat,” Xulu told Knowledge24 in a WhatsApp message when asked for comment.
“Bxi (Xulu) is being paraded as a felony to not be arrested, but victimised,” he said.
First National Bank and Investec Bank must also give the department bank statements held by Incovision, Setlacorp and Xulu between 1 July 2019 and the date of the speak.
The speak stands except the matter of the R20 million is heard in burly.
Xulu had been ordered in January to pay the a refund by April.
This also comes after an application by the department on 6 October, accurate thru which Xulu modified into once to have paid ardour by the shut of industry on 5 October of R3.4 million and R380 000.
A subsequent speak on 15 October also prevented the switch of shares pertaining to to the Sheffield property’s possession.
The orders had been handed down within the Western Cape Excessive Court docket, the build Xulu, coincidentally, has also represented Take President John Hlophe on matters working at the Judicial Carrier Commission.