Online Reporter
Zvikomborero Parafini
PROPHET Walter Magaya’s multi-million dollar Yadah Hotel and Heart Stadium are NOT set to be auctioned in Harare tomorrow.
There has been a whirlwind of reports, mainly online, that the hotel and the adjacent stadium, which has hosted Premiership matches, are set to go under the hammer at a public auction at Raylton Sports Club tomorrow.
The auction will be conducted by real estate firm, Graham & Douglas Real Estate, and about 30 properties are set to be auctioned.
The auction notice was issued under instructions from the Sheriff’s Office of Zimbabwe.
However, an official from the company which is conducting the auction told H-Metro yesterday that Yadah Hotel and the Heart Stadium were not going to be auctioned.
“The hotel and the stadium are not part of the properties set to be auctioned,” he said.
“The two prime properties set to be auctioned are the Prayer Mountain and a house in Prospect.”
The notice was issued under instructions from the Sheriff of Zimbabwe.
Among the properties belonging to the prophet listed for auction is Stand 166 Smuts Road in Prospect, a 3.2323-hectare property featuring a six-bedroom house, lounge, dining room, and staff quarters.
The property is registered under Planet Africa (Private) Limited, a company where Magaya and his wife, serve as directors.
It is held under Deed of Transfer No. 407/6118 dated 27 July 2018.
Another property listed for auction is an 8.7146-hectare property at No. 6 Caledon Avenue in Prospect, Waterfalls.
Planet Africa’s dispute with GetBucks dates back to June last year when the microfinance bank approached the High Court seeking to liquidate Magaya’s estate over a debt of US$420,140.72.
Meanwhile, several unregistered medicines were recovered by police when they raided Yadah Hotel last year.
A director of Yadah Hotel, Donald Makuvaza, pleaded guilty yesterday when he appeared before Harare magistrate Lisa Mutendereki, charged with possession of unregistered medicines and possession of unapproved complementary medicines.
The case was moved to March 10 for plea recording.
Allegations are that on November 15 last year, Detectives from CID Headquarters in Harare received information to the effect that there were many unregistered medicines and unapproved complementary medicines in one of the rooms at the hotel in Waterfalls
On the same date, detectives proceeded to the hotel and conducted a door-to-door search.
In one of the rooms, the detectives found various unregistered complementary medicines and unregistered medicines, including metronidazole, clotrimazole, acyclovir topical cream, fluconazole tablets, cotrimoxazole pills, miconazole nitrate vaginal cream, CO Q10 vascular care, sodium bicarbonate injections, Stillen Aupatillin injections, restorative lip balm and azithromycin.
There was no occupant in the room.
The States claims the detectives also found Compounded prescription weekly forms, which indicated the dispensing and administration of the medicines to one Happiness Mavindire.
The State claims officials at Yadah Hotel had no right to possess the unapproved complementary medicines and unregistered medicines.
