NEWS

BREACH OF CONTRACT
|
October 17, 2022

Former soccer boss may lose his home

Things are not looking good for soccer boss as he may faces the possibly of having his house sold to recover the rent he didn't pay for his business premises

Former Tshakhuma Tsha Madzivhandila (TTM) owner Lawrence Mulaudzi may soon be homeless.. This comes after the allegations that the  Limpopo based team owner Mulaudzi may lose his Cape Town based home because of alleged breach of contract. Mulaudzi bought the Glad Africa Championship from the then Wits University in the Premier Soccer League. He was previously married to former chairwoman of the National Consumer Commission Mamodupi Mohlala-Mulaudzi.

EXECUTE HIS HOUSE

Zjmoja can reveal that Mulaudzi is accused of owing an estimated R1 million for his Black Gold Oil and Gas company. According to the paper's that Zimoja has seen Acucap Investment challenges Mulaudzi through court papers in Johannesburg High Court that they execute his house which is worth around R19 million for his failure to pay rent. The company Walter Krueger documents shows that the company was evicted in their premises in 2020 but Mulaudzi has failed dismally to pay.
"The applicant seeks relief to enable it tonnage the property sold for the attainable price at a public auction in order that it recuperate the amount due and owing to the applicant by the first respondent"

UNABLE TO LOCATE HIM

According to the court documents Krueger alludes that they were unable to locate Mulaudzi and serve him with the claims. The application cited that the City of Cape Town and Absa Bank as the respondents.Attempts to get his comment failed as his phone went straight to voicemail.

POPULAR

Thank you! You'll receive your Newsletter soon!
Oops! Something went wrong while submitting the form.

By signing up, you agree to our Legal notice & to receive communications from Siyaya TV, which may include marketing promotions, advertisements and sponsored content.

MORE LIKE THIS