adminLeonard Ncube Senior Court Reporter
A VICTORIA Falls businessman has fled his home after failing to repay $7,250 he allegedly borrowed from a loan shark three years ago.
Documents in court show that Dzangai Dube borrowed money from Basil Mavangira of Mkhosana Township as he wanted to finance his business at G-Spot Nite Club and was supposed to repay $7,250.
The money was allegedly borrowed on August 18, 2011 and was supposed to be repaid after six months on February 17, 2012.
In his affidavit, Mavangira told the court Dube disappeared from Victoria Falls on two incidents in 2012 and last year as he was avoiding him.
In the first instance, Mavangira claims, Dube relocated to Gwanda and last year he disappeared to an unknown destination.
In his defence in court, Dube told Victoria Falls magistrate Sharon Rosemani that he had gone to Filabusi where he had some mining interests although this faltered.
He told the court that the only money he knew he owed Mavangira was $6,250, which he promised to pay over some time as he wanted to sell a truck he claimed he left at his mine in Filabusi.
Mavangira alleged that Dube had been making numerous excuses, which is why he ended up taking him to court.
“I gave him funds to finance G-Spot Nite Club and we signed that he would pay $7,000 as opposed to the $6,000 he is claiming to know.
“He came and borrowed $250 to pay fees for his child and he surrendered his truck as security for the money but he relocated to avoid paying back,” said Mavangira.
He told the magistrate that Dube had later on promised to sell a truck and a commercial stand to repay the money but kept making excuses while the stand at Adventure Hotel was found to be in arrears and the plaintiff could not accept it.
“He would make numerous excuses and at some time he told me he had clients coming from Zambia and he would pay my money once they paid him but he never did,” Mavangira added.
The magistrate granted Mavangira his application to recover his money and ruled the two should draft an agreement to show that Dube had agreed to pay $300 per month for three months upon which he would pay the balance after selling his vehicle.
The draft should be filed in court. Dube undertook to sell a truck to repay the money.
“I have just secured a job which I would start next paying month and I want to sell my truck to pay him,” Dube told court.
Dube offered to pay $200 per month but Mavangira could not accept it, saying the defendant had two private taxis while his wife was also working, hence he can afford to pay a higher amount.
Online Reporter