HIGH Court judge Justice Chinembiri Bhunu yesterday granted by consent an interdict barring Frank Buyanga and his firm Hamilton Property Holdings from disposing properties seized from clients who allegedly failed to repay loans.
REPORT BY SENIOR COURT REPORTER
Justice Bhunu granted an order barring the Registrar of Deeds, who was cited as the third respondent, from transferring 43 properties which were the subject of the application.
The court also granted an order interdicting Buyanga and his firm from dealing and ceding any rights connected to the houses listed in the court application.
The application for an interdict was filed by the Attorney General (AG)’s Office after it was reportedly besieged by Buyanga’s clients seeking protection of their properties, which the business tycoon had allegedly seized or transferred.
Yesterday’s court hearing was attended by over 40 of Buyanga’s clients who packed the court as Justice Bhunu issued the interdict order by consent.
In a letter dated November 1 2012 which formed part of the application addressed to Judge President George Chiweshe by the AG’s Office, chief law officer Chris Mutangadura said: “Our office has been inundated with pathetic requests for intervention from members of the public who allegedly fell victim to some fraudulent loan business done by the above-named suspect.
“The victims exceed 57 families and individuals.
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“Consequently we received a police docket against the accused persons, one of whom absconded outside the jurisdiction to avoid trial and an international warrant of arrest was duly issued against him.”
The AG’s Office said it had filed the application in terms of a section of the Serious Offences Act.
