Breaking News

Bankrupt Zifa property attached again

by Sports reporter
2012 July 26 09:17:38 | 1315 Views

Tags

Bankrupt, Property,

Most Viewed

THE Messenger of Court is becoming a regular visitor at bankrupt Zifa.

Yesterday the Deputy Sheriff was back at the Zifa headquarters at 53 Livingstone Avenue where he attached more property  this time over a US$57 232,65 debt to Pandhari Lodge.

The attached property included a few office chairs, desks, computers and filing cabinets.

Ruby Auctions, acting on instructions from the Deputy Sheriff, descended on Zifa House in the morning and stripped all the offices bare.

They grabbed the office furniture which had been replaced after the Messenger of Court had two months ago impounded property over an overdue debt owed to advertising agency OM and A Ogilvy.

Two buses and as many vehicles and some office furniture were attached in May at the haunted Zifa headquarters and nearly went under the hammer at Ruby Auctions before Zifa president Cuthbert Dube intervened to offset the debt and block the sale.

Yesterday it was the turn of Pandhari Lodge, who of late have been housing the Warriors during their camps, who have dragged Zifa to the Deputy Sheriff.

Pandhari has also been the venue where some of the Zifa board members, who stay out of Harare, stayed.

A few office chairs and tables, less than  five computers and some filing drawers could be seen being loaded in the Ruby Auctions van as the Zifa employees watched helplessly.

In March, Pandhari also filed a lawsuit seeking to recover their money with interest - for the hospitality facilities and services it provided to Warriors and their visiting teams such as Liberia between August and December last year.

Despite the lawsuit the Warriors continued to stay at the lodge but the senior team suffered the embarrassment of being locked out of their rooms after a training session                       at the same venue last month as Pandhari pressed for their dues.

The lodge also confiscated the players’ passports on the eve of their trip to Mozambique.

Zifa lawyer Ralph Maganga said last night that he had met Dube after which they resolved to meet with their creditor and find an amicable resolution to the matter.

Maganga said he was confident the matter would be resolved well before the property goes under the hammer.

“We have engaged the creditor and Pandhari have agreed hopefully the property will be returned tomorrow but for that to be done Zifa are supposed to pay first a debt service commission to the deputy sheriff and Zifa are now working on that,” said  Maganga.

In May last year, Zifa survived the execution of their property after former Warriors coach Sunday Chidzambwa won a writ of execution to attach property over a US$67 000 debt.

Zifa, challenging the amount demanded by the veteran coach, moved in to block the attachment of their property.

The dispute is still raging before the High Court.




Source: TC

Comments



News Updates

Email:

Latest News

Kasukuwere hits back at Tsvangirai

by Staff Reporter | 2013 May 23 | 208 Views

Star FM DJ and accomplices charged with murder

by Staff Reporter | 2013 May 23 | 247 Views

Man practises as doctor with only Shona and History at O'Lrevel

by Staff Reporter | 2013 May 23 | 317 Views

Prophet Uebert Angel's miracle baby dies

by Moyo Roy | 2013 May 22 | 404 Views

Elections are not business they are battles - The shadow being cast by...

by Delta Milayo Ndou | 2013 May 22 | 490 Views

Today's PSL results at a glance - Fulltime scoresPlatinum 0 - 1 Hwange...

by Sports reporter | 2013 May 22 | 918 Views

British monarchy; Cry of a Zimbabwean child - God's message to the Glo...

by Masowe eChishanu | 2013 May 22 | 981 Views

'Indigenisation to stay,' says Zanu-PF - Zanu-PF says the land reform ...

by Staff reporter | 2013 May 22 | 1083 Views

Mugabe has signed constitution into law

by Staff reporter | 2013 May 22 | 2216 Views

Zim, China sign two co-operation agreements

by Staff Reporter | 2013 May 22 | 1015 Views

Images from Arsenal players' visit to Arsenal Soccer Schools Dubai - ...

by Own correspondent | 2013 May 22 | 1406 Views

City Link luxury coaches battles debt - Luxury bus firm City Link Coac...

by Staff reporter | 2013 May 22 | 2874 Views

Coalitions! Coalitions! Coalitions! - Election time in Zimbabwe always...

by Joshua Mhambi | 2013 May 22 | 2271 Views

iBlogs

Drug Dealer's Crazy Excuse To Dodge Jail

Crazy stuff indeed, a cannabis 26-year-old cannabis dealer is said to have told the court that he used weed to ward off evil spirits that afflicted his three-year-old son.The Herald on Monday reporte...
1 myAfroTube

Entertainment

Jeys Marabini - The Pride of Bulawayo - Blessing Ivan Vava, a freelanc...

by Blessing Ivan Vava | 2013 May 21 | 1563 Views

DJ Munya, Wendall still in police custody - Two celebrities arrested l...

by Staff reporter | 2013 May 21 | 4293 Views

Black celebrities who turned white

by Moyo Roy | 2013 May 20 | 5262 Views

WWF's Jake the Snake turns to acting

by TMZ | 2013 May 20 | 2233 Views

Has imbube harmony lost its appeal? - FROM time immemorial music has ...

by Emmanuel Ndlovu | 2013 May 18 | 2209 Views

Maskiri releases single - AFTER riding high with his hit track Ndakawa...

by Arts reporter | 2013 May 17 | 2120 Views
iBlog

Man Builds A Massive 27-roomed Double Storey Mansion In The Heart Of Rural Plumtree

In 2011 on our first encounter with him, he told us that he wanted to build a state-of-the- art house in rural plumtree for his family.true to his word cde obedingwa mguni has completed the massive 27-roomed double storey mansion and only last saturd... Read More
3 iNdabaNdaba 3 days ago

'dark In Here', Married Woman Hides Lover In Bedroom Closet - Joke

A woman takes a lover home during the day while her husband is at work.her 9-year old son comes home unexpectedly, sees them and hides in the bed room closet to watch. the woman's husband also comes home.she puts her lover in the closet, not realisin... Read More
2 iNdabaNdaba 5 days ago