Hollywood

SEKERAMAYI FAILS TO REPAY US$250K, DRAGGED TO COURT newsdzeZimbabweNewsdzeZimbabwe

FORMER State Security minister and Zanu PF bigwig Sydney
Sekeramayi has been dragged to court over a US$250 000 debt he owes a friend.

Sekeramayi, who is also a Mashonaland East senator, was
sued by businessman and Hwezhaz proprietor Exevia Maoneke, who claims that he
lent him the money last year and the former minister promised to pay it back by
February 28 this year.

After Sekeramayi failed to pay the debt, Maoneke sought the
court’s intervention.

Court papers state that the money was given to the
politician in two batches of US$150 000 on August 18, 2021 and US$100 000 on a
later date.

The court papers also further state that Sekeramayi offered
his Marondera stand measuring 4 199 hectares as surety and mortgage bonds were
registered against the property.

After he failed to pay back, Maoneke’s lawyers wrote a
letter of demand to Sekeramayi.

“You will recall that it was a material term of the
agreement that the loan would become due and payable on the 28th of February
2022. Having not tendered repayment, we are accordingly instructed to serve
this letter as our client’s final demand that you pay US$250 000,” the letter
from the lawyers read.

Copies of the mortgage bond revealed that Sekeramayi was
supposed to pay U$150 000 on December 4 last year.

The balance of US$100 000 was supposed to be paid on
February 28 this year.

The final letter of demand was handed to Sekeramyi at his
Borrowdale residence in March 2022 where Maoneke gave him until March 14 to
settle the debt.

While passing judgment on the matter, High Court judge
Justice Slyvia Chirawu-Mugomba said Sekeramayi should pay the debt.

Chirawu-Mugomba slapped the former minister with costs of
the lawsuit.

“Whereupon after reading documents filed of record and
hearing counsel, it is ordered that the provisional sentence be, and is hereby
granted against Sekeramayi. Sekeramayi shall pay Maoneke US$250 000 plus
interest at the prescribed rate of five percent (5%) at the date of filing of
the summons until the date of payment,” Chirawu-Mugomba ruled.

“The immovable property called stand 722 Marandellas Lands
measuring 4 199 square metres, held under deed of transfer No 10120/1997 dated
November 25, 1997 be, and is hereby declared executable,” the judge added.

Sekeramayi was also ordered to pay a collection commission
in terms of the Law Society of Zimbabwe tariff, being 10% of the capital.
Newsday




Source link