Minister in Mohadi's office sued over botched R1m deal

 Minister in Mohadi's office sued over botched R1m deal
Published: 08 September 2019 (96 Views)
MINISTER of State in Vice President Kembo Mohadi's office Davison Marapira has been hit with a lawsuit following a botched R1 million cash deal.

According to summons filed at the High Court, sometime in October 2018 Marapira became aware that a company called Lyonais Investments (Pvt) Ltd wanted to purchase a fuel tanker from South Africa and was supposed to pay using rand.

The purchase price was R1 168 000 and Marapira allegedly advised Lyonais that as a minister, he could obtain the money from the Reserve Bank of Zimbabwe.

The minister then reportedly requested that the equivalent amount be deposited into his account.
The court heard that Marapira and Lyonais agreed that US$70 000 would be deposited into his account and the money was transferred on October 31 last year.

"The defendant, however, did not pay the R1 168 000 as had been agreed. In fact he has not paid anything at all…his actions have prejudiced the plaintiff in the sum of R1 168 000 and unjustly enriched the defendant for the same amount. The defendant has refused, failed or neglected to pay the amount," read the summons.

Lyonais Investments wants the minister to pay back R1 168 000 in local currency at the interbank exchange rate obtaining on the day payment is made.

The company is also demanding interest at the prescribed rate from the date of summons to day of full payment.
The minister is yet to respond to the lawsuit.

- dailynews

Tags: Mohadi,
 

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