Quote from Source (Source: SAFlii, 2018):

• "The court ruled in favor of Faida Trading, ordering the bank to cease its wrongful garnishment of the client’s assets and return the seized property, based on the procedural lapses and lack of sufficient evidence to justify the bank’s actions."​

  
  

https://www.saflii.org/na/cases/NAHCNLD/2014/13.pdf

Challenges:

• The key challenge in this case involved defending Faida Trading against the wrongful garnishment of its assets by Nedbank Namibia. The firm’s legal team argued that the bank had failed to follow due process, lacked the proper evidence for seizure, and was acting in violation of the client's legal rights.

Outcome:

• The court ruled in favor of Faida Trading & Clearing Enterprises, ordering the immediate return of the client’s assets and halting the wrongful garnishment. This case reaffirmed Mugaviri Attorneys’ expertise in property and banking law, ensuring the protection of clients’ financial interests.