More Mliswa ’s property attached
Main News Zimbabwe

More Mliswa ’s property attached

TEMBA-MLISWA

by Staff Reporter

A tractor belong to the embattled former Hurungwe West legislator, Temba Mliswa , is set to be auctioned after the former ZANU-PF Mashonaland West provincial chairman—whose world is crumbling around him—failed to pay lawyers for services rendered.

TEMBA-MLISWA
TEMBA MLISWA

The Deputy Sheriff has attached Mliswa’s Landini tractor, which is set to be auctioned by on September 19, to settle an undisclosed judgment debt in made favour of Chinhoyi-based law firm, Muchineripi and Associates, after the once fire-brand politician—who is overwhelmed with legal battles—failed to pay the lawyers their legal fees.

Most of Mliswa’s assets are being attached and sold to settle debts that he and his company, Saltlakes Holdings, owe several creditors.

Recently CBZ Bank attached virtually all movable assets at his farm in Karoi after the former Warriors’ fitness trainer failed to repay a loan of nearly $3 million be borrowed from the commercial bank.

Mliswa and his company also owe the Reserve Bank of Zimbabwe US$12,5 million he mysteriously accessed as hard currency without any collateral during the Zimbabwe Dollar era in 2008, part of which loan he acknowledges, but has arrogantly offered to re-pay in the now defunct Zim Dollar.

In June this year , the state owned Herald reported that property worth thousands of dollars belonging  Mr Temba Mliswa was attached by the deputy sheriff at his Spring Farm in a bid to recover nearly $3 million owed to a local commercial bank.

The deputy sheriff went to Mr Mliswa’s Spring Farm in Karoi.

A 48-hour moratorium is provided before the property is taken away and sold to recover the money owed.

The attached property includes farm equipment, household and guest house furniture and 180 head of cattle.

Mr Mliswa is said to owe the Commercial Bank of Zimbabwe $2 745 092,72, which he allegedly failed to repay despite several letters of demand.

A writ of execution directing attachment of the movable property from Saltlakes Holdings and Mr Mliswa on 13 January, 2015 under case No 8835/14 was issued.

This followed a default judgment by Justice Mawadze on December 16, 2014 at the High Court ordering recovery of the $2 745 092,72 and costs of the suit. The case was referred to the deputy sheriff responsible for Karoi on June 26.

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