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African Bank curatorship and garnishee orders

A Fin24 user Linda wants to know what the impact of the African Bank curatorship is on garnishee orders in favour of the bank. She writes:

We run a small business and are paying over monies for one of our staff via collection attorneys (for African Bank) on a garnishee order every month.

Is there going to be a problem with this now?

What do we do? Do we still pay over this money each month as usual? How does this affect his payments?

I am not sure how this works, as it is the first time we have had to pay monies on garnishee for an employee.

I am a bit concerned. Can you advise?

African Bank's curator Tom Winterboer of PwC responds:

Garnishee orders must still be paid if a garnishee order has been granted by a court of law. Regular operations continue.

ALSO READ: Concern about employee's garnishee order

- Fin24

Disclaimer: All articles and letters published on MyFin24 have been independently written by members of the Fin24 community. The views of users published on Fin24 are therefore their own and do not necessarily represent those of Fin24.

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