Speaker’s property auctioned over debt

via Speaker’s property auctioned over debt – New Zimbabwe 17/09/2015

PROPERTY worth thousands of dollars belonging to Deputy Speaker of Parliament, Mabel Chinomona, is set for auction on Friday to settle a loan which she owes a local financial institution.

The bank, majority-owned by the government, also recently attached property belonging to politician Temba Mliswa, who was expelled from the ruling Zanu PF party, over a $2 million debt.

Chinomona, who is also the MP for Mutoko North, and relative Farai Chinomona owe CBZ Bank an unconfirmed amount of money which the two failed to pay.

The property was attached recently by the Sheriff of the High Court.

A notice by the auctioneers, Revelations Auctioneers, property to be auctioned is mostly housing furniture which includes sofas, kitchen tables and chairs, a gas stove with gas tank, refrigerator and flat screen television sets.

The sale will be conducted at the CSC Complex in Willowvale, Harare.

Meanwhile, in a related development, a house in Waterfalls, Harare, which is said to belong to under fire ZIFA and its president, Cuthbert Dube, will also go under the hammer at a public auction on 2 October.

The five-bedroomed property will be conducted at the Raylton Sports Club. ZIFA and Dube also owe the CBZ Bank an unspecified amount.

A notice by the auctioneers, Property Heights Real Estate says the house comprises a dining room, two lounges, swimming pool, braai area and a fish pond among other features.

The next day after the auction, on 3 October, the ZIFA board will hold a special meeting in another fresh attempt to boot out Dube.

ZIFA and Dube’s properties have in the recent past recent been attached and auctioned in order to offset money owed to several companies, individuals and former employees, despite the organisation receiving millions of grants from the international football association, FIFA.

Early this week, President Robert Mugabe castigated Dube for abusing the association’s funds.

“I don’t believe it when I hear that Dube is taking money, but haa, this is worrying,” Mugabe said on Tuesday.

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    grabmore 5 years ago

    The last sentence of the article. Maiweeee. What is going on up there?