• Advertise
  • About
  • RSS News Feeds
  • Contact
Wednesday, April 8, 2026
iReport South Africa
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise
No Result
View All Result
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise
No Result
View All Result
iReport South Africa
No Result
View All Result
Home Latest News

Standard Bank Moves To Auction MK Party MP Skosana’s House Over R166K Arrears

March 18, 2026
0
Standard Bank Moves To Auction MK Party MP Skosana’s House Over R166K Arrears
0
SHARES
Share on FacebookShare on Twitter

Standard Bank has filed papers in the Johannesburg High Court seeking a writ of execution to attach and auction the Pretoria property of MK Party Member of Parliament David Mandla Skosana, after he allegedly fell more than R166 000 in arrears on a R2.6 million home loan, Daily Sun can exclusively reveal.

The bank applied for the matter to be heard on the unopposed roll after Skosana failed to file a motion opposing the application for an execution order. Court papers seen by Daily Sun show that Standard Bank’s manager for home services collections, Camellia Nair, confirmed that the bank advanced the home loan to Skosana for the purchase of the property, which was registered in his name on 17 September 2010.

Skosana, who earns over R110 000 per month as a Member of Parliament and is currently participating in the Ad Hoc Committee probing Lieutenant-General Nhlanhla Mkhwanazi’s allegations of infiltration of the criminal justice system, was required to pay over R21 000 per month towards his bond. According to Nair, he defaulted on those obligations, with arrears standing at more than R166 000 as of 19 February, while the total outstanding amount owed to the bank sits at just under R1 million.

Nair revealed that the bank made more than 25 phone calls and sent 15 text messages to Skosana during 2025 in an effort to resolve the arrears or reach a payment arrangement. A combined summons was issued on 28 October 2025 and served on Skosana’s wife on 31 October 2025.

Despite subsequent attempts at payment, Nair described his approach to servicing the bond as sporadic and inconsistent, with Skosana making lump sum manual electronic fund transfers rather than regular debit order payments. During 2025, he made only two payments R40 000 in August and R35 000 in November followed by a R100 000 payment in February 2026, none of which were sufficient to clear the arrears.

Compounding the bank’s concerns, Nair noted that Skosana’s rates and taxes account is more than R240 000 in arrears, and he owes the property’s homeowners association over R8 000. She submitted to the court that it would be just and equitable to grant the writ of execution given the scale of the outstanding debt and the absence of any other appropriate means of recovery.

Standard Bank spokesman Ross Linstrom declined to comment on the merits of the case, stating only that the bank operates within applicable laws and due process.

Skosana, however, told Daily Sun that he has since paid the arrears and that the matter was removed from the unopposed roll on Tuesday, 17 March. He also confirmed that he has been paying his bond in cash, defending the approach by saying he pays however he chooses. “I’m a businessman. The property you’re referring to is being used as my office for my business,” he said.​​​​​​​​​​​​​​​​

Previous Post

Julius Malema Mourns as EFF Leaders Rush to Comfort Him Following Family Tragedy

Next Post

“Jacob Zuma Used His Spirit To Draw US Into MKP, Making All Kinds Of Promises” Dr Zikode Hit Out

Azalibone Mthethwa

Education: A+ Diploma in Journalism ( 2017) Experience: Senior Journalist - Current Affairs Writer Email: info@ireportsouthafrica.co.za

Related Posts

“Revolutionary Thing For ANC To Do Is To Disband & Direct Its Members To Join MK Party” – Mzwanele

“Revolutionary Thing For ANC To Do Is To Disband & Direct Its Members To Join MK Party” – Mzwanele

October 29, 2024
Kaizer Chiefs Build New Sports Court for School After Cup Win

Kaizer Chiefs Build New Sports Court for School After Cup Win

September 6, 2025
MK Party MP Zamathembu Nokuthula Ngcobo Passes Away Shortly After Taking Office

MK Party MP Zamathembu Nokuthula Ngcobo Passes Away Shortly After Taking Office

June 23, 2025
Brown Mogotsi Claims Nathi Mthethwa Removed General Mkhwanazi Over CIA Concerns

Mogotsi says he contacted former Police Minister Nathi Mthethwa over Mkhwanazi’s 2012 removal

November 19, 2025
DA opens a criminal case Against Senzo Mchunu

DA opens a criminal case Against Senzo Mchunu

October 19, 2025
Song of the Year 2025: A Look at South Africa’s Radio Favorites

Song of the Year 2025: A Look at South Africa’s Radio Favorites

January 2, 2026
Next Post
“Jacob Zuma Used His Spirit To Draw US Into MKP, Making All Kinds Of Promises” Dr Zikode Hit Out

"Jacob Zuma Used His Spirit To Draw US Into MKP, Making All Kinds Of Promises" Dr Zikode Hit Out

  • Trending
  • Comments
  • Latest
Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024
South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024
Look what Dr Nandipha’s mother spotted doing in court yesterday

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024
Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0
Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0
Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0
Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0
“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

April 7, 2026
ANC Leadership Responds To Concerns Over Cross-Party Appointment

ANC Leadership Responds To Concerns Over Cross-Party Appointment

April 7, 2026
Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

April 7, 2026
Nkululeko Dunga Hit Out Over His Appointment

Nkululeko Dunga Hit Out Over His Appointment

April 7, 2026

Recent News

“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

April 7, 2026
ANC Leadership Responds To Concerns Over Cross-Party Appointment

ANC Leadership Responds To Concerns Over Cross-Party Appointment

April 7, 2026
Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

April 7, 2026
Nkululeko Dunga Hit Out Over His Appointment

Nkululeko Dunga Hit Out Over His Appointment

April 7, 2026
iReport South Africa

SA Leading Digital News. All the latest breaking news from across South Africa in one stream.

Advertise with us: info@ireportsouthafrica.co.za

Follow Us

Main Menu

  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Advertise

Recent News

“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

“We Are Honest Like Mandela” – Pitso Mosimane Hit With R1.2 Million Commission Dispute

April 7, 2026
ANC Leadership Responds To Concerns Over Cross-Party Appointment

ANC Leadership Responds To Concerns Over Cross-Party Appointment

April 7, 2026
Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

Official: Ukhozi FM Axe DJ Sgqemeza – See Reasons

April 7, 2026
Nkululeko Dunga Hit Out Over His Appointment

Nkululeko Dunga Hit Out Over His Appointment

April 7, 2026
  • Advertise
  • About
  • RSS News Feeds
  • Contact

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za