Former Bafana player Yeye Letsholonyane faces court order to sell ...
Creditors accuse former Kaizer Chiefs midfielder Reneilwe Letsholonyane of failing to pay bond payments
NEWS
Former Kaizer Chiefs and Bafana Bafana midfield maestro Reneilwe “Yeye” Letsholonyane might have to contend with a court order to sell his R1 million house in Fourways, Johannesburg, following legal action by creditors claiming that he has fallen behind on his bond repayments.
An application filed by commercial entity Standard Bank at the Johannesburg High Court on 6 August alleges that the 42-year-old is in arrears of R72 000 and has missed payments for about seven months, with the total outstanding debt standing at R455 472.
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The papers further show that Letsholonyane also owes municipality levies amounting to R731 580.
An affidavit deposed by the bank’s manager for home services collections cites that the bank has no further option but to apply for an execution order, as Letsholonyane has failed to respond to their calls and letters of demand.
The papers read: "A warrant for attachment and ultimate sale in execution will not be possible without the court granting an order authorising the execution against the property. The nature of the debt is monies lent and advanced, secured by a mortgage bond registered over the immovable property of Reneilwe Letsholonyane. The amount of his indebtedness is contained in the relevant mortgage loan agreement."
The papers also lament that Letsholonyane was supposed to pay monthly instalments stipulated as R72 197, when the agreement with the bank was reached in 2023.
The papers further read:
The bank has placed at least 25 telephone calls to him to try and discuss bringing the arrears under the loan agreement up to date. The bank has further made an interim payment proposal to clear the arrears, but he failed to make the payment proposed. Despite erratic payments made, the account remains in arrears.
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The bank also argues that the amounts owed by Letsholonyane are substantial and his nonpayment prejudices the bank.
"It appears as though the property is vacant and not occupied anymore. Having regard to the market value of the property, the local authority valuation and the amount owed by him has prompted the bank to take legal action," read the papers.
Letsholonyane’s off-the-field affairs have previously been in the spotlight when his ex-wife and radio presenter, Mpho Maboi, publicly declared that her marriage with him was full of sorrow.
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"We got divorced and had been quiet about it. People assumed there has to be a third party involved, or it has to be about money."
Mpho said she had grown unhappy in their marriage and could not imagine spending the rest of their lives together feeling that way.
"The worst thing that could have happened to my marriage was marriage itself. I firmly believe had we never got married we would probably still be together. Marriage changes everything. It changes how people view you. It changes how your family views you. It just changes everything.
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"I remember feeling very sad and feeling as though this was not what I wanted. This is not going how I wanted it to go. I love to be happy and I found myself constantly saying to him 'I'm not happy'. We did try. Family meetings and all of that but it was not working," she said.
Letsholonyane denied to City Press that he had not communicated with the bank, citing that he told the institution that he was trying to sell the property.
"I am trying to sell the property privately, so it's not true that I have not been communicating with them. I have been telling them throughout the process," he said.
