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IN THE HIGH COURT OF SOUTH AFRICA

KWAZULU NATAL DIVISION, PIETERMARITZBURG

CASE NO: 6704/19

In the matter between:

VBS MUTUAL BANK Applicant


(In Liquidation)

and

JACOB GEDLEYIHLEKISA ZUMA First Respondent


(ID NO: 420412 5599 088)

REGISTRAR OF DEED PIETERMARITZBURG Second Respondent

INGONYAMA TRUST BOARD Third Respondent

DRAFT COURT ORDER

HAVING READ the documents filed of record, heard counsel and having considered
the matter –

IT IS ORDERED THAT:

1 The applicant's prayer 3 in the action proceedings instituted under case

number 6704/2019 which reads as follows, is abandoned:


"Wherefore plaintiff prays for judgment against the first defendant as
follows:

3. An order declaring the property -

LEASE 1 OF THE FARM NXAMALALA NO.17519


REGISTRATION DIVISION GU
PROVINCE OF KWAZULU-NATAL
IN EXTENT 8,6058 (Eight comma Six Zero Five Eight)
Hectares

Specially executable."

2 Summary judgment is granted against the first respondent and the first

respondent is ordered to pay the applicant the sum of R 6 500 000.00 ( six

million five hundred thousand) together with interest on the aforesaid amount

at the rate of 10.25% per annum from 31 August 2019 to the date of final

payment, both days inclusive.

3 The first respondent is ordered to pay the costs of the application on an

attorney and client scale.

BY ORDER OF THE COURT

________________

THE REGISTRAR

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