Kereke Eternally Enmeshed In Debt Woes

via RadioVop Zimbabwe – Kereke Eternally Enmeshed In Debt Woes 1 September 2014

A leading Zimbabwean fertiliser and chemical manufacturer, Windmill has heaped more misery to Munyaradzi Kereke, the former adviser to Reserve Bank of Zimbabwe governor Gideon Gono after securing a writ of execution to attach his farming equipment and property over some outstanding debt.

Windmill, a manufacturer and supplier of agricultural products accuses Kereke, the owner of Pamene Farm in President Robert Mugabe’s Mashonaland West province of failing to pay for some agro-chemicals supplied to his farm some few years ago.

According to court papers, Kereke purchased some agro-chemicals for use at his farm which he has but he has failed and/or neglected to pay despite demand from Windmill. According to a copy of the writ of execution, Windmill has been empowered to recover property worth $55 000 which is equivalent to the debt that he owes the agricultural company.

Kereke, who was elbowed out of the central bank in 2012 after a serious spat with Gono is battling several legal woes and has also been dragged to court by the state-run National Social Security Authority (NSSA) which demanded payment of $17 137 from him. NSSA claimed that Kereke has not been remitting workers’ pension contributions at his Pamene farm in contravention of the NSSA Act, which compels all employers in the country to deduct from the salaries or wages of their employees and remit to NSSA the workers and the employers’ share of pension contributions.

The former RBZ advisor was also embroiled in a legal fight with a subsidiary of the state run, Zimbabwe Electricity Supply Authority (ZESA) which is demanding payment of electricity allegedly consumed at his farm.

Kereke has also been sued by Gono in several legal disputes in the High Court.

However, Kereke disputes the ZESA lawsuit and has also hauled Gono to court over several issues.

COMMENTS

WORDPRESS: 8
  • comment-avatar
    Mukanya 8 years ago

    Kereke is an ideal COVO oil candidate
    Should sing DZANDIMOMOTERA now.

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    The Mind Boggles 8 years ago

    Funny how these people go to the courts!!! The same courts they destroyed , they should issue them with a machete each and fight to the death as that is the kind of justice they seek to impose on others.

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    avenger/revenger 8 years ago

    To begin with you can’t ” own ” something ( farm) you stole !!??? Furthermore it is incredible that a failed businessman with no financial kudos could ever be a top adviser on the economics of a bankrupt cuntry

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    Sonofngwazi 8 years ago

    PAY BACK TIME FOR A PAEDOFILE !
    YOU MESS AROUND CHILDREN YOU PAY THE ETERNAL PRICE

  • comment-avatar
    John Thomas 8 years ago

    The self defeating stupidity of these ZANU’s is legendary. This character is a minor example

  • comment-avatar
    Justice 8 years ago

    Many more to crash and burn after him….just deserts.

  • comment-avatar
    Bingo Wajakata 8 years ago

    Maitorerei mafarm musingagoni kurima? These people must pay rentals for ownership of these farms. Whoever is unable or unhappy should be free to leave the farm so that people who are serious and have a chance to farm.

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    Mapingu 8 years ago

    Inonzi “living on a borrowed time”. Patronage system is just as risky as a Ponzi scheme, or even worse. It can collapse on anyone’s face anytime. It seems this time around the system is collapsing on none other than the Hon. Zanu Pf MP, Munyaradzi Kereke’s face.

    Ragayi zvizhakane – isu tinongo mirira kutasisa kunowira tsvimbo nadobwe. Tozongo mhanyira zvedu tonononga chatinoda pakati petsvimbo kana dobwe racho. Uuuuzvaaaa.