HOME Affairs co-minister Kembo Mohadi has suffered yet another blow after the High Court ordered him to withdraw a Supreme Court appeal against a ruling ordering him to refund a Beitbridge businessman $340 000 that he siphoned from his companies.
Report by Richard Muponde
Mohadi was early this year found to have illegally withdrawn the money from his former business partner Reginald McGillivray Dawson’s company Nerry Investments by the Bulawayo High Court.
The minister unsuccessfully tried to elbow Dawson out of his companies which are based in the border town.
High Court judge Justice Martin Makonese last Thursday ordered Mohadi and his associates to withdraw the Supreme Court appeal after accusing them of “double dipping”.
After filing the appeal in January, the minister and his associates had returned to the High Court seeking permission to file a notice of opposition to Nerry Investments Pvt Ltd liquidator Barbra Lunga’s application compelling them to refund the company.
But Justice Makonese ordered that they must withdraw the Supreme Court appeal and pay the costs used in the proceedings.
“The applicant is ordered to withdraw the appeal under case number HC 2988/12 and tender wasted costs and reset the matter for hearing.
“Applicants to bear wasted costs of today’s proceedings,” the jduge ordered.
Last September, High Court judge Justice Lawrence Kamocha found that Mohadi had turned Nerry Investments into a “Piggy Bank” for personal use.
Mohadi was also stripped of influence in two other Beitbridge companies, Redqueen Trading Pvt Ltd and Spoornet Pvt Ltd, belonging to Dawson.
According to the orders to liquidate Spoornet and Redqueen dated December 10, Mohadi’s business director Josias Moyo will bear the costs of the orders.
Redqueen also has a similar order.
In August last year, Justice Kamocha divested Mohadi and Moyo of the directorship of Nerry Investments, the company he was accused of grabbing through the barrel of a gun and also ordered its liquidation.