News24.com | Court freezes a pair of of top lawyer Barnabas Xulu’s bank accounts in prolonged-working finest fees dispute
- Lawyer Barnabas Xulu had his bank accounts frozen by a court uncover.
- A settlement agreement is the topic of a dispute between Xulu and the Ambiance, Forestry and Fisheries Department.
- The division secured an uncover that his bank accounts be frozen, and a house and Porsche secured till the topic is resolved.
Some of well-identified lawyer Barnabas Xulu’s bank accounts were ordered frozen by the Western Cape High Court in a prolonged-working fight with the Department of Ambiance, Forestry and Fisheries over finest fees paid by the division.
Xulu has accomplished finest work for the division, nevertheless the validity of the Service Level Agreement (SLA) and a settlement agreement has been the topic of a prolonged-working dispute and interior battles, which comprise spilled into the excessive court.
It integrated fees for handling a advanced 7.5 million US greenbacks restitution fee agreement between US authorities, foreign banking institutions and the Nationwide Prosecuting Authority (NPA) by a convicted lobster smuggler.
Xulu’s companies and products were to be terminated in August 2018, apart from for the US case, nevertheless the Department of Agriculture, Forestry and Fisheries (sooner than the division became separated into Department of Ambiance, Forestry and Fisheries), and Treasury, agreed to establish for an amount of R20 million.
The troubles then escalated over whether or not the agreement became right or not.
The parties were in a fight over who owes who, and whether or not he ought to silent pay the cash again.
An uncover in favour of both departments, dated 12 October, gave undercover agent that Xulu and the company – Barnabus Xulu & Partners Integrated – ought to silent give reasons why he ought to silent not pay R20 242 272. 90.
Within the length in-between, Incovision (Pty) Ltd, Setlacorp (Pty) Ltd and Xulu were ordered not to permit the transfer, dissipation or withdrawal of funds from their accounts.
READ | Top lawyer Barnabas Xulu ordered to pay again R20m in finest fees to fisheries division
This contains cash obtained, or to be obtained in future with out leave of the division. Moreover, First Nationwide Bank and Investec Bank were also interdicted from permitting transfer, dissipation or withdrawal of funds from the three accounts, or any entity Xulu has bask in an eye on over.
Incovision and Xulu were interdicted over a property in Sheffield Seaside in KwaZulu-Natal. A listing of sources at the property must be taken, and no sources will seemingly be removed from it.
The Sheriff in the home became instructed to enter the property for the stock, taking a locksmith, if crucial, or by power, and the companies and products of Tracker were to be liable to assign and valid the Porsche.
Xulu indicated to News24 that it involves the restitution fee and companies and products rendered to find the cash again to the South African executive, to kind up for the inability of the nation’s marine sources in the lobster case.
This agreement also concerned a rigorously brokered settlement with the accused parties in the US, and banks in other nations.
“[The] count on is, does it’ll silent be accomplished with out cost or [does] the allege want to pay for this sweat,” Xulu told News24 in a WhatsApp message when asked for narrate.
“Bxi (Xulu) is being paraded as a prison not to be arrested, nevertheless victimised,” he acknowledged.
First Nationwide Bank and Investec Bank must also give the division bank statements held by Incovision, Setlacorp and Xulu between 1 July 2019 and the date of the uncover.
The uncover stands till the topic of the R20 million is heard in burly.
Xulu had been ordered in January to pay the cash again by April.
This also comes after an utility by the division on 6 October, in which Xulu became to comprise paid interest by the end of enterprise on 5 October of R3.4 million and R380 000.
A subsequent uncover on 15 October also averted the transfer of shares bearing on to the Sheffield property’s ownership.
The orders were handed down in the Western Cape High Court, the put Xulu, coincidentally, has also represented Judge President John Hlophe on matters working at the Judicial Service Fee.