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Former NSSA Boss Dragged To Court Over $200k Debt

3 years agoMon, 29 Jun 2020 19:46:40 GMT
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Former NSSA Boss Dragged To Court Over $200k Debt

The former National Social Security Authority (Nssa) general manager Elizabeth Chitiga has been dragged to the High Court over a $200 000 housing loan balance advanced to her when she was still in office.

Nssa is seeking an order forcing Chitiga to settle $201 581.73 plus interest for an upmarket house she built in Harare’s Borrowdale low-density suburb.

In an affidavit, deposed on behalf of the authority, Takudzwa Takawira, Nssa corporate secretary, said Chitiga applied for a housing loan on February 9, 2017, and received batches of $415 130.80.

Takawira revealed in the court papers that Chitiga has paid $77 050 and another lump sum repayment received from her terminal benefits amounting to $184 006.06 after deduction of tax by the Zimbabwe Revenue Authority. He said:

Despite these payments, the housing loan still remains outstanding.

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The respondent (Chitiga) is in breach of the terms of the housing loan contract because she is no longer abiding by her obligation to make monthly instalments towards liquidation of the housing loan.

As at August 31 2019, the respondent’s indebtedness to the applicant (Nssa) amounted to $201 581.73…having been terminated the respondent’s entire remaining loan balance became immediately due and payable.

Takawira added that Chitiga’s lawyers and Nssa had entered into a deed of settlement and proposed that the loan would be settled by $8 399 instalments and the debt quantum was not in dispute but she has breached the agreement.

More: NewZimbabwe

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