News24.com | Court freezes some of top lawyer Barnabas Xulu’s bank accounts in prolonged-running upright prices dispute

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News24.com | Court freezes some of top lawyer Barnabas Xulu’s bank accounts in prolonged-running upright prices dispute

News24.com | Court freezes some of top lawyer Barnabas Xulu’s bank accounts in prolonged-running upright prices dispute
  • Attorney Barnabas Xulu had his bank accounts frozen by a court repeat.
  • A settlement settlement is the subject of a dispute between Xulu and the Atmosphere, Forestry and Fisheries Division.
  • The division secured an repeat that his bank accounts be frozen, and a house and Porsche secured till the topic is resolved.

Some of famous lawyer Barnabas Xulu’s bank accounts were ordered frozen by the Western Cape High Court in a prolonged-running fight with the Division of Atmosphere, Forestry and Fisheries over upright prices paid by the division.

Xulu has done upright work for the division, nonetheless the validity of the Carrier Degree Agreement (SLA) and a settlement settlement has been the subject of a prolonged-running dispute and internal battles, which hang spilled into the high court.

It included prices for handling a advanced 7.5 million US greenbacks restitution fee settlement between US authorities, distant places banking institutions and the Nationwide Prosecuting Authority (NPA) by a convicted lobster smuggler. 

Xulu’s products and companies were to be terminated in August 2018, with the exception of the US case, nonetheless the Division of Agriculture, Forestry and Fisheries (earlier than the division used to be separated into Division of Atmosphere, Forestry and Fisheries), and Treasury, agreed to decide for an quantity of R20 million.

The troubles then escalated over whether or now not the settlement used to be valid or now not.

The events had been in a fight over who owes who, and whether or now not he can hang to serene pay the money support.

An repeat in favour of each departments, dated 12 October, gave observe that Xulu and the corporate – Barnabus Xulu & Partners Incorporated – can hang to serene give the causes why he can hang to serene now not pay R20 242 272. 90. 

In the length in-between, Incovision (Pty) Ltd, Setlacorp (Pty) Ltd and Xulu were ordered to now not enable the transfer, dissipation or withdrawal of funds from their accounts. 

READ | High lawyer Barnabas Xulu ordered to pay support R20m in upright prices to fisheries division

This involves money bought, or to be bought in future without leave of the division. Also, First Nationwide Bank and Investec Bank were furthermore interdicted from allowing transfer, dissipation or withdrawal of funds from the three accounts, or any entity Xulu has adjust over. 

Incovision and Xulu were interdicted over a property in Sheffield Seaside in KwaZulu-Natal. A checklist of resources at the property must be taken, and no resources can even be eliminated from it.  

The Sheriff within the space used to be advised to enter the property for the stock, taking a locksmith, if primary, or by power, and the products and companies of Tracker were to be aged to label and receive the Porsche. 

Xulu indicated to News24 that it involves the restitution fee and products and companies rendered to rep the money support to the South African executive, to originate up for the shortcoming of the nation’s marine resources within the lobster case.

This settlement furthermore enthusiastic a fastidiously brokered settlement with the accused events within the US, and banks in other countries. 

“[The] ask is, does it might perchance well hang to be done for free or [does] the hiss hang to pay for this sweat,” Xulu advised News24 in a WhatsApp message when requested for comment. 

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

First Nationwide Bank and Investec Bank must furthermore give the division bank statements held by Incovision, Setlacorp and Xulu between 1 July 2019 and the date of the repeat.

The repeat stands till the topic of the R20 million is heard in fat.

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

This furthermore comes after an utility by the division on 6 October, in which Xulu used to be to hang paid interest by the end of industry on 5 October of R3.4 million and R380 000. 

A subsequent repeat on 15 October furthermore prevented the transfer of shares concerning the Sheffield property’s ownership.  

The orders were handed down within the Western Cape High Court, where Xulu, coincidentally, has furthermore represented Have confidence President John Hlophe on issues running at the Judicial Carrier Commission. 


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