×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

Zexcom accuses judge of bias

News
Zexcom Foundation Investment Fund Limited has lodged a complaint with Judge President Justice George Chiweshe over the alleged erroneous manner in which Bulawayo High Court judge, Justice Lawrence Kamocha, dealt with their civil matter. Kamocha is said to have ordered Zexcom Foundation Investment Fund could be liquidated following allegations its directors embezzled funds. The final […]

Zexcom Foundation Investment Fund Limited has lodged a complaint with Judge President Justice George Chiweshe over the alleged erroneous manner in which Bulawayo High Court judge, Justice Lawrence Kamocha, dealt with their civil matter.

Kamocha is said to have ordered Zexcom Foundation Investment Fund could be liquidated following allegations its directors embezzled funds.

The final hearing of the matter is set for next week on September 13. A ruling passed by Justice Kamocha on July 22 this year said: “This is to be the last postponement. If the funds for paying are not available the company shall go into liquidation.”

But, the war veterans, represented by Shelter Muchechesi Mpofu, accused Justice Kamocha of bias in the list of complaints, copied to President Robert Mugabe, Justice and Legal Affairs minister Patrick Chinamasa, Attorney-General Johannes Tomana and the Law Society of Zimbabwe.

Mpofu appealed to Justice Chiweshe to throw them a lifeline.

“Therefore, we strongly feel our company is being pushed towards liquidation with the help of Justice Kamocha. As a result, we kindly submit a prayer that this unholy alliance be stopped from their unjust activities and further humbly request for a forensic investigation into this matter,” reads the appeal.

Among other thorny issues raised by the war veterans is the alleged forging of affidavits used to support the law suit by lawyers.

One of the affidavits was allegedly signed by Glen Moyo on June 11 2010, but his death certificate indicates he died on February 8 2010.

The war veterans also allege that some non-Zexcom members also allegedly appended their signatures to the shareholders’ supporting affidavits.

This comes after some ex-combatants led by Andrew Ndlovu, Robert Mlalazi and John Ngwenya successfully applied at the Bulawayo High Court to have the company placed under liquidation pending the determination of the case and Victor Muzenda was appointed provisional liquidator. Zexcom is a war veterans’ company with 5 370 shareholders drawn from across the country and property with an estimated total value of $6 084 000.