Sculptor Dominic Benhura is suing deputy minister of mines Fred Moyo and his wife, Yeyani, accusing the couple of defrauding him of over $1 million in a botched mining business deal.
In his High Court application filed in July this year, Benhura said sometime in October 2012 he was approached by Moyo and his wife who requested him to be a partner in a mining business called Tambanashe Enterprises (Pvt) Ltd, claiming they, together with their business partners,Passion Chifamba, Edgar Ndlovu, Bongani Ndlukula, Nathaniel Siwela and Catriona Stone; had signed liability guarantees for a revolving credit loan and lease hire facilities, granted by ZB Bank to Tambanashe Enterprises (Pvt) Ltd trading as Lennox Mine.
Benhura says he lost $1 023 815 to ZB Bank after Moyo and his wife “falsely represented” to Mlotshwa and Company Legal Practitioners that he [Benhura] had been served or was aware of the summons issued against him by the bank resulting in a default judgement against him. He also says he lost $635 985 and R1 536 448.
More: NewsDay
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