Bank tackles former Chiefs striker George Lebese over car debt

A well-known credit management company has run to the high court to force former Kaizer Chiefs striker George Lebese to stop dribbling it with payments of his monthly instalments for his luxury vehicle.

Africa Daily can exclusively reveal that Shackleton, a credit management company, has approached the Johannesburg High Court to obtain judgment against Lebese, a former Mamelodi Sundowns striker, after he allegedly failed to keep up with payments for his posh saloon worth over R1.3 million.

When the entity filed the court papers, Lebese owed it in the north of half a million rands.

In court papers filed in the High Court last week, Shackleton stated that WesBank, a division of FirstRand Bank, entered into an electronically signed instalment sale agreement with Lebese on June 26, 2019, for the vehicle.

The agreement had a total purchase consideration of R865 293.84, comprising the cash price, accessories, service and delivery charges, an initiation fee and finance charges.

According to the papers, Lebese agreed to pay monthly instalments of over R12 000 for a period of 72 months after paying a deposit of R60 000. The talented footie was supposed to pay his first instalment on June 26, 2019, and his last one on July 25, 2025. It is not clear whether Lebese signed a balloon payment agreement with the financial institution, as he was still expected to pay his instalments beyond the expiry date of the agreement.

In terms of the agreement, ownership of the road monster would remain with WesBank until all amounts due under the contract had been paid.

The particulars of claim state that WesBank subsequently ceded its rights and interest in the debt to Shackleton under a written deed of cession concluded on June 26, 2025, with the cession taking effect retrospectively from April 1, 2025.

Shackleton claims that the debt relating to Lebese was included in the book debts transferred under the agreement.

According to the court documents, WesBank fulfilled its obligations under the financing agreement, and Lebese took delivery of the vehicle.

However, the credit management company alleges that Lebese breached the agreement by failing to pay the required instalments despite being sent a demand for payment.

The company further claims that the agreement was cancelled following the alleged breach, making the full outstanding balance immediately due and payable.

The particulars of claim state that Shackleton complied with the requirements of the National Credit Act by sending Lebese a notice informing him of the alleged default and the options available to resolve the matter.

The company says the notice was sent by registered post to the address Lebese had selected as his domicilium citandi et executandi, the address designated for receiving legal notices.

Shackleton alleges that Lebese did not respond to the notice by referring the agreement to a debt counsellor, an alternative dispute resolution agent, a consumer court or an ombud to resolve the dispute or arrange repayment.

This left it with no option but to approach the court to seek an order compelling Lebese to pay the claimed amount, interest and legal costs.

“Wherefore the plaintiff prays for judgment against the defendant as follows: Payment in the sum of R578,004.05. Costs of suit on the attorney-and-client scale,” read the court papers.
Lebese ignored our phone calls and failed to respond to written questions we sent to him.

Ngwako Malatji

Ngwako Malatji

ngwako.malatji@africadaily.co.za

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