Khama Billiat to Lose Luxurious Midrand Mansion
The owners seek to evict Billiat's relatives living in the house
Khama Billiat to Lose Luxurious Midrand Mansion
Former Kaizer Chiefs striker Khama Billiat is embroiled in a legal dispute that could see his luxurious Midrand mansion repossessed due to unpaid instalments.
According to City Press, Emerging Markets Home Loans has approached the Pretoria High Court, seeking an eviction order for five occupants currently residing in Billiat’s Midrand property.
City Press wrote: Former Kaizer Chiefs striker Khama Billiat is facing a legal dispute with the owners of his house in Midrand. The owners seek to evict Billiat's relatives living in the house due to his alleged failure to comply with the bond agreement payments.
The occupants, reportedly close relatives of Khama Billiat, have been living in the house since the star’s departure to join Yadah Football Club.
The finance company claims the occupants are unlawfully staying at the premises.
Khama Billiat to Lose Luxurious Midrand Mansion
“The player has not been paying monthly instalments for the house, prompting the finance service provider to put the house on auction in an attempt to recoup a R1.7 million loan,” stated a source from the sheriff’s office, who wished to remain anonymous.
According to the notice of motion filed on May 5, the house is slated for auction in June.
This move comes as a last resort for the financial institution to recover the unpaid loan.
This development follows his recent move back to Zimbabwe, where he joined Yadah Stars after a high-profile stint with Kaizer Chiefs in South Africa.
Khama Billiat’s financial troubles are now spilling into the public domain, raising questions about the financial management of high-earning athletes.
