David Kau’s home has been ordered to be auctioned off by the high court in Johannesburg.
The high court granted the banking institution, FNB the right to sell the comedian’s property after he defaulted at paying back the loan granted to him.
“Default judgment is granted in favour of the applicant against the first respondent for the amount of R1 398 651.35. The immovable property known as … measuring 54 square metres … is declared especially executable,” reads the order, in part.
“[The] applicant is authorised to issue writs of attachment calling upon the sheriff of the above honourable court to attach the property. The sheriff of the above honourable court to sell property by auction arranged in terms of the provisions of Uniform Rule 46.”
However, the judgment states that David can save his property if he pays arrears and the bank’s legal costs.
In response to the judgment, Kau filed a notice of motion to rescind and set aside the judgment and a writ of execution last week.
The comedian said he wrote the bank a letter promising to pay the loan and clear the arrears in six months, but it was snubbed and dragged to the court, hence the request for a consideration before his house gets auctioned off.