'The Queen' Connie Ferguson set to lose her properties after failing to pay R5OOk debt

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The Queen actress Connie Ferguson and her business partners have been served with a summons by a Joburg company for allegedly failing to pay it almost half a million of a debt of more than R750 000 for goods and services rendered.

Ferguson and her three business partners, Joseph Groovin Nchabeleng, Beswick Kingsley Tloubatla and Thabiso Tereng Phadi, were slapped with the summons by Linear Building Projects after they ignored several letters by the company’s lawyers to pay up.

The company went for the four directors after their company, Medizone, was liquidated on June 29 for failing to settle the same debt.

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This could result in their personal assets being attached and auctioned off to offset the debt, because Medizone does not have attachable assets.

According to the summons obtained from the high court in Joburg, the directors, whose company was represented by Meriam Kekana, concluded a written repayment agreement on August 1 last year to pay for goods and services rendered by the company.

The directors also signed a suretyship agreement, where they bound themselves as sureties and co-principal debtors.

“The principal debtor would repay the principal debt in a minimum amount of R50 000 per month, each payment on or bethe third day of each month, with the first payment to be effected on or before 3 August 2018, until the principal debt is settled. That upon any default of repayments in terms of the repayment plan, the full outstanding balance on the principal debt would immediately become due and payable towards the plaintiff, in which event the plaintiff would notify the principal debtor of its breach,” reads the paper.

After the agreement, Medizone paid a total of R200 000 in four R50 000 instalments between September 19 and December 21 last year but failed to make more payments, thereby breaching the written repayment agreement.

Linear Building Projects’ lawyers Van Zyl Kruger Incorporated sent them a letter via the sheriff, demanding the full outstanding balance of the principal debt.

“The principal debtor was finally liquidated on 25 June 2019, is currently in solvent circumstances, is manifestly unable to meet its obligations and has no attachable assets within the jurisdiction of this honourable court,” reads the papers.

Now the company is hoping the court will grant it a judgment against Nchabeleng, Tloubatla, Phadi and Ferguson, who owns Ferguson Films.

Merlene van den Heever of Van Zyl Krugerdeclined to comment.

“Unfortunately I can’t give you any information sir. Thank you. Bye-bye,” she said.

The lawyer of the directors, Brendan Dekooker, said they would not comment because they have not yet received the summons.

“We reserve our rights,” he said.

Ferguson declined to comment and said she resigned from the company.

Principal debtor is unable to meet its obligations

-Sunday world


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