Latest on EasiHold saga

Arbitrator Advocate Firoz Girach did not disclose the verdict yesterday, saying that one part to the dispute had not yet collected it.

“Judgment was handed down last week. I am waiting for one part to pick up the judgement. So, until they pick up the judgment I will not be able to disclose the verdict,” he said.
But sources indicated that the city lost out on its bid to terminate the deal, but won the case for it to collect clamping and towing fees for on-street parking bays. Town House sources confirmed the city was yet to pay Adv Girach, implying that it was the one part that has not collected the verdict.

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The sources indicated last week that handing down of the judgment was delayed because Harare had not paid the US$15 000 charged for arbitration by Mr Girach.
But town clerk Dr Tendai Mahachi alleged that the delays in producing the verdict was because Mr Girach had other commitments.

“The delays are because the arbitrator was busY, very busy,” he said.
EasiHold chief executive Mr Mike Clark confirmed receipt of the judgment, but did not disclose the verdict because Harare was still to pay the arbitrator.

“We have received the judgement. I will make a comment when the city has seen it,” he said.
Harare and EasiHold fell out of favour with each other after the city accused the South African company of withholding profits for EasiPark. The business was started in 2009, but up to date no dividend has been paid, resulting in the two parties trading accusations and counter accusations.

Recently, the city unilaterally suspended EasiPark general manager Mr Pegias Dube on allegations of corruption, a decision that was disowned by Mr Clark.
The city has also reported the top management of EasiHold to the police on allegations of diverting funds to South Africa.
Harare police spokesman Inspector Tedious Chibanda said investigations on the report were still underway.