Dad gives kid’s classic car to loan shark. Uh-oh

15 November 2019 - 08:00 By Shain Germaner
Father and daughter have been trying to recover their classic 1936 Model Ford that was used as security for a loan.
Father and daughter have been trying to recover their classic 1936 Model Ford that was used as security for a loan.
Image: Leon Swart/123rf.com

For almost a year and half Karina Padayacee and her father, Gonaseelan Nair, have been trying to recover their classic 1936 Model Ford that has apparently made its way across the country after it was used as security for a loan.

The saga began, according to the ruling, when Nair borrowed the car from his daughter and used it as surety for a R60,000 loan.

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