I bought R1.8m Maserati to get an overdraft, Ocean Basket owner tells judge

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

South Africa Headlines News

The owner of a struggling Johannesburg restaurant told a judge he bought a R1.8m Maserati to improve his credit record.

But with the SUV missing, a debt that has ballooned to R2.7m and an overdraft rejection letter on his desk, Charles Renney failed to convince acting judge Jenine Khan to throw out WesBank's repossession application.

Khan said he had no evidence, adding that Renney and his business, Mazel Foods, may well be the victims of fraud “but this is a result of their own actions and not [WesBank's]". “Abdul and Bongani analysed his financial situation and concluded that [Renney] needed to improve his credit score before an application for an overdraft facility was likely to be granted,” said Khan.

“During August 2019, [Renney] received confirmation that a credit card facility with a R50,000 credit limit had been approved for him but the overdraft facility promised to him had not materialised,” said Khan. "[Renney] ... has not attached copies of the affidavits in support of the charge of theft as the docket cannot be traced by the SA Police Service,” said Khan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rich people problems

My first experience happens to be a failure but i never gave up cause i knew it was going to work out for me trying continuously, fortunately i'm smiling today by getting involved with peternice_

guipeRobert COMPANY is legit and payment are instant..no doubt I got my withdrawal and I will love to share to people here ... if you need more info about the company crypto trade offers, you can contact him.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

I bought R1.8m Maserati to get an overdraft, Ocean Basket owner tells judgeThe owner of a struggling Johannesburg restaurant told a judge he bought a R1.8m Maserati to improve his credit record. Just when you thought you have heard it all, from Zizi Kodwa to forma President Zuma and then this. S Africa remains a landmine for every legal student and interested parties. iamkoshiek more violence ehlers_anthony Financial genius, isn't it..? Not.
Source: TimesLIVE - 🏆 28. / 59 Read more »

I bought R1.8m Maserati to get an overdraft, Ocean Basket owner tells judgeBut with the SUV missing, a debt that has ballooned to R2.7m and an overdraft rejection letter on his desk, Charles Renney failed to convince acting judge Jenine Khan to throw out WesBank's repossession application.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Nkalakatha of the week: Would you return R1 000 if it was accidentally deposited into your account?Imagine the surprise of this South African woman who had money returned to her after her husband accidentally deposited R1000 into another person’s account. No way I'm so broke right now , I would buy some food Never yooh kublind so Yes definitely. I’m not a thief! Wasn’t brought up to STEAL!
Source: IOL - 🏆 46. / 51 Read more »

I bought R1.8m Maserati to get an overdraft, Ocean Basket owner tells judgeThe owner of a struggling Johannesburg restaurant told a judge he bought a R1.8m Maserati to improve his credit record. Just when you thought you have heard it all, from Zizi Kodwa to forma President Zuma and then this. S Africa remains a landmine for every legal student and interested parties. iamkoshiek more violence ehlers_anthony Financial genius, isn't it..? Not.
Source: TimesLIVE - 🏆 28. / 59 Read more »

I bought R1.8m Maserati to get an overdraft, Ocean Basket owner tells judgeBut with the SUV missing, a debt that has ballooned to R2.7m and an overdraft rejection letter on his desk, Charles Renney failed to convince acting judge Jenine Khan to throw out WesBank's repossession application.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Deep seabed mining a threat to Africa’s coral reefs - The Mail & GuardianThe deep oceans are a fragile final frontier, largely unknown and untouched but mining companies and governments — other than those in Africa — are eyeing its mineral riches. Words alone won’t express how thankful I’m recommending you all to you shantelll_142 .....,investing with you has been a good opportunity for me and my family I just received my profit of R60,000 within five days of investment shantelll_142 I saw several people testifying of making so much money with the help of shantelll_142 on Bitcoin option trade and I decided to give a try and now I'm glad now she helped me and my colleagues to make R60,000 in one week, thank you for transparency and trust. I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption.
Source: mailandguardian - 🏆 2. / 92 Read more »