Bank Threatens Mukupe With Imprisonment Over Debt

Defunct Trust Bank Corporation has threatened deputy minister of finance Terrence Mukupe with civil imprisonment for failing to service a $32 593 loan. The bank alleges that Mukupe defied a 2013 court order from High Court judge Justice Loice Matanda-Moyo compelling him to clear his debt. Part of the bank’s summons read,

You (Mukupe), the defendant are called upon to pay to the plaintiff (Trust Bank) the sum of $32 593,57 with interest thereon at the rate of 5% per annum from April 2, 2013, together with cost of suit due by the plaintiff by virtue of the High Court order dated December 18, 2013 under HC7937/13. If you fail to pay the specified sum above you must appear before the High Court at Harare on Wednesday in motion court to explain why you have not paid it and to show cause why an order for your imprisonment should not be made on account of your failure to pay.

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The minister is yet to respond.

More: NewsDay

High CourtLoice Matanda Moyo

The High Court of Zimbabwe is one of the Superior Courts of Zimbabwe. The High Court deals at first instance with all high value and high importance cases. It also has a supervisory jurisdiction over all subordinate courts and tribunals. Appeals from the High Court... Read More About High Court

Loice Matanda Moyo is a Zimbabwean lawyer and a judge of the High Court of Zimbabwe. She is the current chairperson of the Zimbabwe Anti-Corruption Commission a role she assumed in March 2019. Read More About Loice Matanda Moyo

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Bank Threatens Mukupe With Imprisonment Over Debt