Bank bungles sale

TWO young Soweto brothers are still without a home after Standard Bank promised three weeks ago to transfer back to them the paid-up house belonging to their deceased mother, which the bank auctioned off in August last year.

TWO young Soweto brothers are still without a home after Standard Bank promised three weeks ago to transfer back to them the paid-up house belonging to their deceased mother, which the bank auctioned off in August last year.

Thabiso Mokgothu, 25, and his brother Pule, 15, were evicted from their home in Zola, Soweto. Standard Bank had mistakenly sold their mother's home at auction. The bank later admitted to the "oversight."

The bank promised to cancel the sale and transfer the house back on to the Mokgothu brothers' names.

It has now emerged that the bank is in a tussle with Thapelo Buthelezi, who bought the house and then let it to tenants.

"The bank told me they were reversing the sale and that the brothers would move back in," Buthelezi said.

"I submitted my list of expenses totalling R30000 and they rejected it."

The R3 0000 excluded the house's sale price. He said the expenses included changing of door locks, petrol, administration and hiring a security guard to safeguard the house against the angry community.

Buthelezi said the bank offered him R4000, which he rejected because, he said, it did not cover his expenses.

"I also want the boys to have their house back," he said.

"My tenants understand the situation and are prepared to move out but Standard Bank must pay for my expenses."

Thabiso said all he wanted was his home back as promised.

"How can the bank refuse to reimburse the guy (Buthelezi) when they are the ones at fault?" Thabiso asked.

He said he feared a long legal battle over the problem.

About Buthelezi's demand, Standard Bank spokesperson Michelle Marsh said the bank was not in a position to comment.

"We can't comment on that because discussions with him (Buthelezi) to determine amicable terms under which the boys can take possession of their home are under way," Marsh said.

"Various parties are involved in this."

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