Mukupe gets ultimatum on $32k debt, slapped with another default judgment

HIGH Court judge Justice Edith Mushore yesterday gave troubled Finance deputy minister Terrence Mukupe until July 18 to settle his $32 593 debt with Trust Bank loan or face civil imprisonment.

BY CHARLES LAITON

Justice Mushore postponed the matter to July 18 after Trust Bank lawyer, Romeo Chatereza, submitted that the parties were close to reaching an agreement which should spare the legislature from incarceration.

“My lady, the parties are close to reaching an agreement on how the matter will be settled and I have instructions to seek postponement of the matter to July 18, 2018.”

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.

Prior to Trust Bank’s placement under provisional liquidation in October 2014 and eventually final liquidation on May 19, 2016 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.

Just moments after the bank’s litigation, and after a few other different matters were dealt with by the judge, Mukupe was again on the receiving end as the court slapped him with yet another default judgement in a matter involving a Chinese company, China Industrial International Group (Pvt) Ltd.

On May 22, 2018 through its lawyers Messrs Kantor and Immerman, the Chinese firm issued summons against Mukupe but the latter failed to take action prompting the firm to petition the court seeking a default judgement against him.
In its declaration the company said sometime in February this year, it was engaged by Mukupe to construct his office in Eastview at an agreed price of $48 000.

However, after making part payment for the engaged services, Mukupe later failed to fulfil his contractual obligation prompting the firm to approach the court for recourse.

“In terms of the agreement, defendant (Mukupe) was to pay a deposit of $20 000 which he paid leaving a balance of $28 000 which was payable on completion of the project. The project was successfully completed to the defendant’s satisfaction and was handed over to him on February 22, 2018, at which point the balance of $28 000 became due,” the company said.

13 Comments

  1. how much are these guys paid as deputy ministers i think E must consider raising their salaries otherwise i can foresee trouble after elections as it will be back to dealing as most ministers battle to make ends meet

    1. Raising the salaries is not the solution, mari kana ukawana yakawana sei haikwani. Vakatanga kulooter kare nanhasi varikungolooter. He just needs financial discipline, live within his means. Kana asinga izvozvo hapana hapana

    2. Nonsense, at least he has a paying job, 90% of the population doesn’t have one stable paying job. It not like Mukupe is doing anything productive in the gvt except chaos

  2. Buying time; this so called settlement will never materialize.

  3. Wezhira Wezhara

    So is that an altimatum by the court if the Plaintiff informs the court that they are negotiating out of court? Pathetic

  4. Mukupe should not be in the ministry of finance, if he can’t manage his own finances , how will he manage the country’s .

  5. Publicity stunt, am sure this guy can pay them. The property itself am sure is worth more than a mere $28000. Most of you have done the delaying tactic of paying even $10 debt. $28000 is not a joke, he could just sell the property and cover his debts, am sure he has the money. This campaign period don’t forget tinomanwa mapoliticians aya. He is just putting his focus on things that matter which is being MP. priorities

  6. Publicity stunt, am sure this guy can pay them. The property itself am sure is worth more than a mere $28000. Most of you have done the delaying tactic of paying even $10 debt. $28000 is not a joke, he could just sell the property and cover his debts, am sure he has the money. This campaign period don’t forget tinomanwa mapoliticians aya. He is just putting his focus on things that matter which is being MP. priorities

    1. Nonsense bad publicity, its like running naked in town to be famous. You must be an EDIOT.

  7. Justice should be meted out exampled on this public office holder abuser!!!

  8. ED should excuse this guy from being in the ministry of finance… this guys has messed up too much.. one time he had to beat up a person over some petty issues, he told people tha army wouldnt consider Chamisa as presdent and now this issue of trust..and many other things…ummmmmmm he should be relieved of his ministerial duty he is just not proffessional

  9. Ministers or public officials for that matter, who happen to be knee deep in debt fuels corruption. There’s nothing this fool wont do in order to survive, financially. That does not bode well for Zimbos. Drop him like a sack of potatoes and let him deal with his problems.

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