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FNB TO ATTACH EX-CJ’S GRATUITY OVER E120 000 LOAN

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MBABANE – First Nation Bank (FNB) has obtained an order to attach gratuity belonging to former Chief Justice Michael Ramodibedi.


The amount of money that Justice Ramodibedi is expected to receive as his gratuity had not been disclosed in the court papers.
Justice Ramodibedi was fired by the king for serious misconduct.


The order to attach his gratuity comes after he allegedly failed to service two loans he had with the bank.
The total amount that the bank is now demanding from the dismissed chief justice is over E100 000.


Through its attorney Mxolisi Dlamini, from Robinson Bertram, the bank yesterday moved an exparte application (application moved without the knowledge of the other party) before Judge Mumcy Dlamini.


In its application, the bank stated that Ramodibedi was a foreigner and does not own any property in Swaziland.
It was further argued by the bank’s lawyer that it was necessary that the gratuity due to the former chief justice from government be attached.
He said this was done to confirm jurisdiction so as to institute an action for damages against Ramodibedi.


Other respondents in the matter are the Ministry of Justice and Constitutional Affairs, Ministry of Finance and the Attorney General.


Agreement


The bank’s head of Credit Adolph Masango stated that on or about February 2015, a written agreement was concluded between the institution and Ramodibedi.
He said the bank agreed to lend and advance the sum of E120 000 to Ramodibedi.
Masango informed the court that in return, the dismissed chief justice agreed to pay interest to the bank at its prime lending rate of interest plus 10 per cent per annum and charged monthly arrears

Comments (1 posted):

Sabazora on 22/08/2015 21:32:12
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Ayivele itsatfwe yonkhe, ahambe njengoba efika. Baphelile bantfu ngulobabe lo!!! Kute imali yekudlala la.

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