Dj Euphonik Fails To Have Ntsiki Mazwais Assets Sequestrated

10 Days(s) Ago   👁 3
dj euphonik fails to have ntsiki mazwais assets sequestrated

The Joburg high court has dismissed Themba DJ Euphonik Nkosis bid to have the estate of controversial poet Ntsiki Mazwai provisionally sequestrated.

Acting Judge KD Iles has ruled that although Mazwai still owed Nkosi more than R150,000 in unpaid legal costs and had committed acts of insolvency, Nkosis application could not succeed because there was no evidence that sequestration would result in creditors recovering more money from her.

Sequestration is a legal process where an individual surrenders their estate to the court when they can no longer pay their debts.