Naas Botha’s house safe for now

15 June 2016 - 17:57 By S'duduzo Dludla

Springbok rugby legend and television presenter Naas Botha was granted a draft order by the Pretoria High Court on Wednesday that temporarily prevents the bank from sequestrating his house. Judge Peter Mabuse made the order in Botha's absence.Naas Botha faces sequestration over bank debtSpringbok legend and television presenter Naas Botha has been provisionally sequestrated by the high court in Pretoria over money owing on a home loan. More documents were needed before the court could make a final decision on the matter.Botha has been involved in a six-year financial battle with Nedbank over an amount of R1.1 million due on a mortgage bond for a property in Mooikloof‚ east of Pretoria.His wife Karen‚ a former Springbok long jumper who has had a long battle with Crohn’s disease‚ had obtained the bond in January 2006 to buy the property‚ and Botha signed surety for it.The property was subsequently sold for an amount which was not enough to repay the full loan amount. The couple then fell behind on payments...

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