ONE of the directors of Zifa (Pvt) Ltd, a wing of the football association, Abdullah Kassim has said they were challenging the auctioning of the Zifa headquarters in Harare.
BY TAWANDA TAFIRENYIKA
Former Zifa treasurer Frank Valdermarca is one of the directors of Zifa (Pvt) Ltd.
Kassim, of Gollop and Blank Legal Practitioners, said yesterday Zifa (Pvt) Ltd owned four properties and that it was a separate entity from the association.
He said based on those grounds, they would challenge any attempt to have the property auctioned.
The properties include Zifa House at Number 53 Livingstone Avenue in Harare, the Zifa Village in Mt Hampden, a house along McLoughlin Road in Kensington, and another house in Bulawayo.
The title deeds of the properties are held in trust by Gollop and Blank Legal Practitioners.
“Zifa (Pvt) Ltd is a separate entity from the football association and owns four properties. We are challenging the auctioning of the property. No property can be attached by anyone for a debt owed by association,” Kassim said.
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Zifa, operating on a shoestring budget, is failing to offset its long standing debt.
Suspended board member Bernard Gwarada is one of the creditors who had secured a writ to attach the association’s properties in a bid to recover $90 000 that is owed to his company LED Car and Travel. The High Court in Harare empowered LED to attach the properties.
The debt is from an agreement between Zifa and LED Car Hire for the company to borrow funds from two banks on behalf of the association to fund the Warriors’ 2014 World Cup qualifying campaign with the Zifa Trust underwriting the transaction and the former chairman of the Board of Trustees, Tshinga Dube, providing the security.
LED tried to get Zifa to settle the debt without success and Gwarada, who owns LED Travel and Tours, now wants Zifa property auctioned to recover the money.
The Zifa board, led by Cuthbert Dube, was booted out of office last week by disgruntled councillors, who accused it of maladministration, among other issues.
Dube also lost his property in Waterfalls, Harare, which he had provided as collateral for the association to borrow funds from CBZ Bank which Zifa also failed to pay.
Zifa House is set to be auctioned on October 23, weeks after a house belonging to Dube was auctioned over another debt.
