Harare East MP, Terrence Mukupe allegedly denied Amazon Real Estate Agents employees access to his Glen Lorne house that is supposed to go under the hammer, after he failed to settle an unspecified debt with FBC Bank.
by PAIDAMOYO MUZULU
The Zanu PF legislator has become the latest in a long list of politicians to hog the limelight for failing to settle their loans taken out when the country adopted multi-currency system in 2009.
Amazon, in a media advert, says they were denied access to the house to view the property.
“Access denied. however, we were advised that it is a brick-under-iron sheets, double storey building with four bedrooms, lounge, dining room, kitchen and staff quarters,” the company said.
The property sits on an 8 529m2 stand.
Mukupe was not answering his calls when NewsDay tried to get his comment yesterday.
Former deputy minister Bright Matonga is also set to lose some farming implements after he failed to repay a bank loan.
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Matonga’s property at his Chegutu farm, including a tractor, trailers and irrigation pipes, will be auctioned after he failed to repay an Agribank loan.
The loans were not haunting only politicians, but also private companies that are failing to break even and are drowning in debt each day they continue to operate.
Musasiwa Bus Company is set to lose two properties in the capital after failing to settle African Banking Corporation (BancABC) debts.
The two properties are a 2 772m2 industrial stand in Ardbennie and a house in Hillside. The industrial stand has a main building with eight bays, inspection pit, four offices, a toilet and a borehole.
The Hillside property includes a single storey house with three bedrooms, main en suite, guest wing, garage, staff quarters and is walled and gated. The property sits on 2 537m2.
The properties will be sold by Amazon through a private treaty.
Former Reserve Bank governor, Gideon Gono’s businesses have also suffered the same fate with a number of his properties under threat of being auctioned to offset debts.
