ZANU PF MP Ordered To Pay US$129.5k Debt Within 48 Hours

Zanu-PF legislator and top businessman Ozias Bvute has been ordered by the High Court to pay a US$129 500 debt he owes to an equipment dealer, Robvel Investments, within 48 hours.

The debt is for equipment supplied to his company, Tech Earth Mining in 2018.

Court papers say Bvute never paid a cent for the equipment which, upon delivery at his Goromonzi farm, was worth US$266 000 before Robvel Investments repossessed some of it.

Despite numerous promises to honour its deal, Tech Earth Mining, fronted by Bvute’s longtime ally Gift Mudadi, continued to use the equipment in its quarry mining business without paying for it.

High Court Judge Justice Webster Chinamora ordered Tech Earth Mining to return all remaining equipment or pay the balance of US$129 500 and full costs of the lawsuit. Justice Chinamora said:

It is hereby ordered that the default judgement be and is hereby entered for the applicant against the respondent. The respondent be and is hereby ordered to return the equipment listed herein below to applicant within 48 hours of the issuance of the court order and failing compliance herewith, the Sherriff of the High Court or his fellow deputy be authorised and directed to take the said equipment into his possession and to deliver the same to applicant in functional working condition.

Bvute, who has in the past been embroiled in scandals at MetBank and Zimbabwe Cricket, was also ordered by the High Court to pay 2% interest on the equipment’s price backdated to December 2019.

Last year, Bvute lost a land dispute between him and a land developing couple Florence and Felix Pambukani after a High Court Judge reinstated the land at the centre of the dispute, measuring 724 0475 hectares to the latter.

More: Bulawayo24; NewZimbabwe

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/JqjgF2v4dGi9nlBHbVDPTj


Telegram Group: https://t.me/+E-dYp2NhsANlMGU0

Back to top

Write a Comment

Your email address will not be published.


Share Full Post

Nyaradzo logo

RSS Recent Profiles Created