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IN THE HIGH COURT OF SOUTH AFRICA
(GAUTENG LOCAL DIVISION, JOHANNESBURG)
‘CASE NO: 2019/13487
JOHANNESBURG, 05 August 2019
BEFORE THE HONOURABLE ACTING JUDGE STRYDOM
In the matter between:
\VBS MUTUAL BANK (IN LIQUIDATION) Applicant
‘and
BRIAN ANSWER SHIVAMBU Respondent
HAVING read the documonts Tid of rocord and having considored That malor=
TIS ORDERED THAT
Draft Order marked x’, signed and dated 05 August 2019 is made an Order of CourtINTHE HIGH COURT OF SOUTH AFRICA
GAUTENG LOCAL DIVISION, JOHANNESBURG
Av CASE NO. 1
BEFORE the HONOURABLE STRUDOM Jon 5 August 2018
In the matter between: /
\VBS MUTUAL BANK (IN LIQUIDATION) Applicant
and
BRIAN ANSWER SHIVAMBU Respondent
DRAFT COURT ORDER
HAVING ‘ead the documents filed or record and having considered the matter:
JUDGMENT is granted against the respondent fr:
4. Payment ofthe sum of Ri 785 780.60,
2. Interest on the sum of Rt 785 780.60 atthe rate of prime plus 500 basis points,
calculated dally and compounded monthly fiom 24 January 20:8 to date of
payment (both dates inclusive)
3. Costs on attomey and client scale
Werksmans Attorneys