Controversial South African Pastor Paseka Motsoeneng Mboro has countless lawsuits levelled against him for failing to settle his arrears with Absa Bank. The prophet is known for performing Incredible miracles and attracting fans from all over the world.
The Incredible Happenings Ministry founder Prophet Mboro is at risk of losing everything including his church and could be the classical biblical Job of our times.
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Pastor Mboro loss of property
If the court grants the Banks wish, he might find himself sleeping in his R2 million BMW i8 car. He is on the verge of getting his house in Alberton repossessed by ABSA Bank. The court was requested to grant the bank a warrant to repossess the property.
Pastor Mboro confirmed that ABSA had indeed taken him to court for the outstanding amount, but he claims that he paid the amount 3 months ago. After reality hit when the bank went for his house, the prophet went in for the kill with a court application to claim debts that may strip him off his church.
The lawsuits keep on pilling on the man of the cloth. The Johannesburg High Court heard a 2018 application by Absa to repossess assets belonging to Incredible Happenings Ministry.
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The Absa Saga
The bank funded the pastor to purchase his house. They decided to take action against Mboro after he failed to pay his installments. They applied for a default judgement against him at the Pretoria High Court. Mboro allegedly owes the bank R1.3 million, and to prevent the house from being sold at auction, he must pay up. The money was loaned to the pastor in 2014. He was supposed to pay R14 000 a month, until the debt was cleared. ABSA argued that they had tried to contact him but he still failed to honor their arrangements.
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The Fall Of Prophet Mboro
After defaulting on several occasions, the bank sent emails, letters of demand and debt collectors ,which Mboro allegedly failed to respond to. According to court papers, Absa filed nine claims against Mboro’s church. The bank claimed it had tried everything to retrieve its money since 2018 but had failed. Mboro took several loans on different dates from June to September 2016, and bought several pieces of equipment for his church.
Some include Sony cameras, top-of-the-range sound equipment and a fleet of cars that Mboro bought in the name of Incredible Happenings Ministry.
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The cars include a 2015 BMW , a Ford Ranger, a Chevrolet Utility,a Renault Sandero and an Opel Corsa.
The bank reinstated the two-year-old case, which was struck off the court roll in October 2019, in which Absa claims that Prophet Mboro owes it more than R1 million.
