Heath Streak Applies For Zimbabwe Cricket To Be Liquidated

Former national cricket team coach Heath Streak has applied to the High Court seeking an order for the provisional liquidation of Zimbabwe Cricket (ZC). Streak wants the court to appoint a provisional liquidator, arguing that the cricket governing body has failed to pay its debts. Streak who is represented by Gerald Mlotshwa said in his application,

This is an application in terms of Section 6 of the Insolvency Act (Chapter6:07) for an order of liquidation of the first respondent (ZC) in that the first respondent is unable to pay its debts as and when they become due in the normal course of business…Furthermore, it is just and equitable that the first respondent be wound up, and creditors be paid off their debts.

…Applicant is a creditor of the first respondent and is owed the sum of $128 762,95. He is also aware that’s Messrs Lance Klusener, Sean Bells and Wayne James who are all cricket coaches and whose contracts of employment have been terminated illegally by the first respondent are owed the sums of $11 757,93, $43 999,23 and $14 175,66 respectively…Despite demand, the first respondent has failed or neglected to pay the debts in question.

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More: NewsDay