FOR years Daryll Cullinan was the kingpin in the Proteas’ batting lineup, and held the South African record for the highest test innings – but the 46-year-old’s finances have fallen behind the required run rate.
Dispatch reveals that Cullinan, a former Queens College pupil, was sequestrated earlier this month – for failing to pay back Azrapix Investments CC just R19300.
In court papers filed in the South Gauteng High Court, company owner Benjamin de Wet said Cullinan owes him for services (which are not specified) rendered between May and June, which Cullinan has not paid for “despite repeated demands”.
In his founding affidavit, De Wet said: “Due to services I rendered to the respondent, I became aware of his personal circumstances.
“Respondent is not in the financial position to make a reasonable and accepted repayment proposal to creditors.”
He added that it would be to “the benefit of all creditors” if his assets are liquidated and made available for distribution between the former batsman’s creditors.
It appears Cullinan’s relationship with ex-wife, Virginia, has become even frostier as a result – with her alleging yesterday that he has taken her to court twice, since their divorce five years ago, to argue a reduction in maintenance. They have two sons, Aidan and James, who live with Virginia.
She said: “I only became aware of him having himself sequestrated because three months ago he stopped paying child support”
She alleged it’s been “damage control” for her since “he went cold turkey” on maintenance.
In an e-mail dated October 2 from Cullinan to his ex-wife, he stresses the need to “work together”, promises that his portion of their children’s school fees will be paid, and reminds her and her attorney that the boys are still under his medical aid.
He writes: “I’ve pointed out my precarious financial situation to your client. I understand my sequestration does not absolve me from maintenance obligations”. He adds: “Please refrain from lying about my conduct and information you claim I provided the sheriff with.”
Cullinan did not respond to requests for comment by the time of going to press.
l Moneyweb yesterday reported that an investigation conducted by one of its journalists revealed the sequestration order against Cullinan had lifted the lid on what appears to be a “big get-rid-of-your-creditors scheme”.
In an article by Tony Beamish, the online site reported that “a quasi attorney”, Ben de Wet, runs the scheme from Alberton on the East Rand.
The site claimed that while De Wet claims he is an attorney, there is no record at the Law Society of the Northern Provinces of him ever being admitted as such.
Moneyweb said its investigation had revealed the scheme was aimed at indebted individuals who wanted to get rid of creditors and avoid the pitfalls of debt administration.
In reaction to questions from Moneyweb, Cullinan responded: “You are most welcome to publish your story. Where I am legally asked to assist in any investigation, I will gladly cooperate.”
Cullinan bowled over by his dire financial situation
Dispatch reveals that Cullinan, a former Queens College pupil, was sequestrated earlier this month – for failing to pay back Azrapix Investments CC just R19300.
In court papers filed in the South Gauteng High Court, company owner Benjamin de Wet said Cullinan owes him for services (which are not specified) rendered between May and June, which Cullinan has not paid for “despite repeated demands”.
In his founding affidavit, De Wet said: “Due to services I rendered to the respondent, I became aware of his personal circumstances.
“Respondent is not in the financial position to make a reasonable and accepted repayment proposal to creditors.”
He added that it would be to “the benefit of all creditors” if his assets are liquidated and made available for distribution between the former batsman’s creditors.
It appears Cullinan’s relationship with ex-wife, Virginia, has become even frostier as a result – with her alleging yesterday that he has taken her to court twice, since their divorce five years ago, to argue a reduction in maintenance. They have two sons, Aidan and James, who live with Virginia.
She said: “I only became aware of him having himself sequestrated because three months ago he stopped paying child support”
She alleged it’s been “damage control” for her since “he went cold turkey” on maintenance.
In an e-mail dated October 2 from Cullinan to his ex-wife, he stresses the need to “work together”, promises that his portion of their children’s school fees will be paid, and reminds her and her attorney that the boys are still under his medical aid.
He writes: “I’ve pointed out my precarious financial situation to your client. I understand my sequestration does not absolve me from maintenance obligations”. He adds: “Please refrain from lying about my conduct and information you claim I provided the sheriff with.”
Cullinan did not respond to requests for comment by the time of going to press.
l Moneyweb yesterday reported that an investigation conducted by one of its journalists revealed the sequestration order against Cullinan had lifted the lid on what appears to be a “big get-rid-of-your-creditors scheme”.
In an article by Tony Beamish, the online site reported that “a quasi attorney”, Ben de Wet, runs the scheme from Alberton on the East Rand.
The site claimed that while De Wet claims he is an attorney, there is no record at the Law Society of the Northern Provinces of him ever being admitted as such.
Moneyweb said its investigation had revealed the scheme was aimed at indebted individuals who wanted to get rid of creditors and avoid the pitfalls of debt administration.
In reaction to questions from Moneyweb, Cullinan responded: “You are most welcome to publish your story. Where I am legally asked to assist in any investigation, I will gladly cooperate.”
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