Minister faces jail term over debt

Deputy Finance minister Terrence Mukupe is today set to appear before High Court judge Justice Edith Mushore, where he faces civil imprisonment over a $32 593 Trust Bank debt.


Trust Holdings’ banking subsidiary, Trust Bank Corporation (Ltd) recently petitioned the High Court, seeking Mukupe’s incarceration after the latter allegedly failed to service a five-year-old debt.

Trust Bank was placed under provisional liquidation in October 2014 and eventually placed under final liquidation on May 19, 2016, but prior to the bank’s liquidation, Mukupe, who is Harare East aspiring Member of Parliament, had obtained a loan from the financial institution which then formed the basis of the current litigation.

According to court papers, on December 18, 2013, High Court judge Justice Loice Matanda-Moyo issued a court order compelling Mukupe to make good his Trust Bank debt following an application by the financial institution.

Armed with the court order, Trust Bank’s lawyers, Danziger and Partners, then approached the court and sought a writ of execution against Mukupe’s movable property and the same was granted on February 5, 2014.

However, despite the existence of a writ against his property, Mukupe is said to have failed to abide by the court order, prompting the bank to approach the court again seeking his incarceration.

“You (Mukupe), the defendant are called upon to pay to the plaintiff (Trust Bank)….the sum of $32 593, 57 with interest thereon at the rate of 5% per annum from April 2, 2013, together with cost of suit on legal practitioner and client scale plus collection commission as calculated in accordance with the Law Society of Zimbabwe (LSZ) by-laws due by the plaintiff by virtue of the High Court order dated December 18, 2013 under HC7937/13,” the bank’s summons read.

“If you fail to pay the specified sum above you must appear before the High Court at Harare on Wednesday… motion court to explain why you have not paid it and to show cause why an order for your imprisonment should not be made on account of your failure to pay.”

Mukupe is also expected to appear before the same judge on a different matter involving China Industrial International Group which is seeking a default judgment against him.

The Chinese firm issued the summons against the deputy minister in May through its lawyers, Kantor and Immerman.

In its declaration, the company said in February this year, it was engaged by Mukupe to construct his office in Eastview at an agreed price of $48 000.

However, despite several demands, Mukupe failed to fulfil his contractual obligation, prompting the firm to approach the court for recourse. When the summons were issued, Mukupe did not enter appearance to defend.

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  1. Cde vane error ava apa vanovhara I just can’t stop wondering how such a guy is responsible for the country’s purse

  2. Say No To Touting

    … and he is a deputy finance minister who is supposed to manage Zimbabwe’s finances

  3. If this guy cant manage his own Finances what about that of the nation. He should be declared insolvent.

  4. Ano dada ne party yake Zanu ko pane akambo enda ku jail here since vanongotora chere pavada ndiko kunonzi kutonga kwete kutungamirira apa momuti bag remari ye Zimbabwe iro kungotora pa gaurd ari pa strike kkkkkk ndiyo Zimbabwe yacho hameno

  5. Zanu pf imbavha dzega ,hakuna mutsvene

  6. Transparency is undoubtedly showing especially when stories like these used to be masked under the previous Era administration. It is also vital for us to hear if the same person is still having room in the panel of the New Dispensation because for as far as i can see, he seems a risk today and a threat tomorrow. His next step is make us wonder if he is never going to loot in order to settle the debt.

  7. moyo l agree

  8. Some people are so obsessed nekuvenga Zanu yet this is about Mukupe in his personal capacity being dragged to court and NOT Zanu pf. The way some of you guys hate Zanu PF will persuade me to vote for ED.

    1. banya wenyanga

      He is riding on the dark horse of the entrenched culture of impunity and he knows and laughs about it.

  9. Comment…Akuna Gurukota reHurumende rinovharirwa muno munyika yeZimbabwe. Andizivi chikonzero zvidaro.

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