News24.com | Court freezes about a of high lawyer Barnabas Xulu’s bank accounts in long-operating authorized costs dispute

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News24.com | Court freezes about a of high lawyer Barnabas Xulu’s bank accounts in long-operating authorized costs dispute

News24.com | Court freezes about a of high lawyer Barnabas Xulu’s bank accounts in long-operating authorized costs dispute
  • Criminal reliable Barnabas Xulu had his bank accounts frozen by a court expose.
  • A settlement agreement is the arena of a dispute between Xulu and the Atmosphere, Forestry and Fisheries Division.
  • The department secured an expose that his bank accounts be frozen, and a house and Porsche secured till the matter is resolved.

Just a few of notorious lawyer Barnabas Xulu’s bank accounts were ordered frozen by the Western Cape Excessive Court in a long-operating battle with the Division of Atmosphere, Forestry and Fisheries over authorized costs paid by the department.

Xulu has accomplished authorized work for the department, but the validity of the Carrier Stage Agreement (SLA) and a settlement agreement has been the arena of a long-operating dispute and inner battles, which devour spilled into the excessive court.

It integrated costs for going thru a fancy 7.5 million US bucks restitution fee agreement between US authorities, foreign places banking institutions and the National Prosecuting Authority (NPA) by a convicted lobster smuggler. 

Xulu’s services were to be terminated in August 2018, excluding the US case, but the Division of Agriculture, Forestry and Fisheries (before the department became as soon as separated into Division of Atmosphere, Forestry and Fisheries), and Treasury, agreed to resolve for an amount of R20 million.

The troubles then escalated over whether the agreement became as soon as reliable or not.

The events were in a battle over who owes who, and whether he must pay the money assist.

An expose in favour of both departments, dated 12 October, gave seek for that Xulu and the firm – Barnabus Xulu & Partners Integrated – must provide the rationalization why he must not pay R20 242 272. 90. 

Within the intervening time, Incovision (Pty) Ltd, Setlacorp (Pty) Ltd and Xulu were ordered now to not enable the transfer, dissipation or withdrawal of funds from their accounts. 

READ | High lawyer Barnabas Xulu ordered to pay assist R20m in authorized costs to fisheries department

This involves money bought, or to be bought in future without bound away of the department. Furthermore, First National Bank and Investec Bank were additionally interdicted from allowing transfer, dissipation or withdrawal of funds from the three accounts, or any entity Xulu has make a choice watch over over. 

Incovision and Xulu were interdicted over a property in Sheffield Seaside in KwaZulu-Natal. A listing of assets on the property devour to be taken, and no assets is likely to be removed from it.  

The Sheriff in the arena became as soon as suggested to enter the property for the stock, taking a locksmith, if obligatory, or by power, and the services of Tracker were to be dilapidated to hint and trusty the Porsche. 

Xulu indicated to News24 that it involves the restitution fee and services rendered to procure the money assist to the South African executive, to create up for the inability of the nation’s marine resources in the lobster case.

This agreement additionally eager a carefully brokered settlement with the accused events in the US, and banks in varied countries. 

“[The] ask is, does it devour to be accomplished without fee or [does] the suppose must pay for this sweat,” Xulu told News24 in a WhatsApp message when asked for advise. 

“Bxi (Xulu) is being paraded as a criminal now to not be arrested, but victimised,” he acknowledged.

First National Bank and Investec Bank must additionally give the department bank statements held by Incovision, Setlacorp and Xulu between 1 July 2019 and the date of the expose.

The expose stands till the matter of the R20 million is heard in burly.

Xulu had been ordered in January to pay the money assist by April. 

This additionally comes after an application by the department on 6 October, wherein Xulu became as soon as to devour paid hobby by the shut of trade on 5 October of R3.4 million and R380 000. 

A subsequent expose on 15 October additionally averted the transfer of shares referring to to the Sheffield property’s possession.  

The orders were handed down in the Western Cape Excessive Court, where Xulu, coincidentally, has additionally represented Come to a resolution President John Hlophe on matters operating on the Judicial Carrier Commission. 


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