Ignatius Chombo’s former wife falls on hard times

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Ignatius Chombo’s former wife Marian has fallen on hard times and cannot afford to pay back a  $157 229,10 debt to CBZ Bank after she was declared “a person of no means”. The deputy sheriff, who had visited her Allan Grange Farm in Raffingora to attach property on April 9 to pay the debt, found nothing on the farm worth taking.

CBZ Bank is demanding $157 229,10 from Marian, which she borrowed in 2009 as an overdraft facility. She was also supposed to pay collection commission in terms of the Law Society of Zimbabwe by-laws and also meet the costs of the suit after High Court judge Justice Loice Matanda-Moyo issued a default judgment against her in March.

More: NewsDay

Ignatius Chombo

Dr. Ignatius Chombo is a Zimbabwean politician and a former member of the ruling Zanu-PF party. He is also the former Minister of Finance and Economic Development. On 14 November 2017, after the military took over control of the country, Chombo was reportedly arrested by... Read More About Ignatius Chombo

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