daniel chigunweH-Metro Reporter
BUSINESSMAN and pastor Shingi Munyeza and his wife Wilma have a US$100 000 problem on their hands and it’s simply not going away.
The couple has been ordered to repay the loan, plus interest, by the High Court.
It’s the latest chapter of a saga which has been unfolding for some months now.
The money was borrowed from one of their congregants, Marjorie Mutemererwa.
Mutemererwa, a former public relations manager at Seed Co, had received the money as a severance package.
In his ruling, High Court judge, Justice David Mangota, ordered the couple to pay interest on the sum, which was supposed to have been liquidated, by January 31.
Mutemererwa transferred the money into Munyeza’s bank account in Botswana after he had requested funds for an emergency.
The businessman promised to repay the loan, plus a generous interest of US$15 000 by January 31, but failed to do so.
“Shingi and Wilma Munyeza be and hereby ordered, jointly and severally, and in solidum the one paying the other, to be absolved to pay US$100 000 being a refund money lent and advanced to them.
“The couple be and hereby ordered to pay interest on the sum calculated at the prescribed rate from February 1st, 2023 to date of payment in full,” reads the order.
In her declaration, Mutemererwa said that she was called by Munyeza on January 21 requesting money to cater for an emergency.
She agreed to advance the money since they are her neighbours in Borrowdale Brooke and the couple was reasonably friendly and she knew them.
The deal was finalised the following day and Mutemererwa transferred money into Munyeza’s Botswana account.
However, Munyeza failed to pay back the money by the due date, and after some back and forth, he promised to repay Mutemererwa on February 28, but again failed.
She reported the matter to the police, but Munyeza was not arrested, prompting her to turn to the High Court.
Online Reporter