Here Is Why Actress Sophie Ndaba (Queen) Lost Her R2.2 Million House

Sophie Lichaba, née Mphasane, formerly Sophie Ndaba, is a South African actress. She played Queen Moroka in the soap Generations. In 2016, she was a guest judge in the final Miss South Africa 2016 beauty pageant.

Actress Sophie Ndaba is the latest celebrity to face financial woes. Sunday World alleges that Mercantile Bank has sold Sophie’s home after failing to keep up with monthly installments. The luxury Johannesburg home was purchased in 2021 and costs more than R2 million, according to the publication.
What happened to Sophie Ndaba

What happened to Sophie Ndaba

Sophie Ndaba loses her home in Johannesburg after failing to make an R2.2 million loan payment to Mercantile Bank.

With the loan she obtained, the actress is said to have paid over R2.2 million for the upscale home in October 2021.

Unfortunately, she was found guilty by the Johannesburg High Court after she failed to pay the bank over R1 million shortfall from the proceeds of the sale of her home.

“Having heard counsel and having considered the papers filed in the matter, the following order is made against the first and second respondents, jointly and severally, the one paying the other to be absolved,” Judge Senyatsi read

“Payment in the amount of R1 089 588.08 [one million and eighty-nine thousand and five hundred and fifty-eight rands and eight cents] … Payment in the amount of R69 012.43 (sixty-nine thousand and twelve rands and forty-three cents].”

The house will now be sold in order for Mercantile Bank to recover its investment.
According to Sunday World, the bank may sell the actress’s other assets.

“Wherefore the plaintiff prays for judgment as follows: as against the first and second defendants, jointly and severally, the one paying the other to be absolved; payment of the sum of R2 254 545.85 at the rate 10.5% per annum calculated daily and compounded monthly in arrears from 1 January 2019 to date of payment, both date inclusive.

“Declaring that the immovable property registered in the first defendant’s name held by it under the titled deed … which correlated to … Featherbrook Estate, Krugersdorp, be declared specially and immediately executable.”

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