Chiyangwa Fights Attachment Of His Property Over US$4 Million Interfin Bank Debt

Chiyangwa Fights Attachment Of His Property Over US$4 Million Interfin Bank Debt

Zimbabwe Football Association (Zifa) president and businessman, Phillip Chiyangwa, whose property is set to go under the hammer over a $4 million debt owed to the now-defunct Interfin Bank has filed an urgent chamber application at the High Court, seeking to stop the sheriff from selling his property, pending an application for rescission of judgment.   In his application filed on Monday, Chiyangwa urged the court to consider his matter as urgent, adding the sheriff…

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Interfin Bank To Auction Chiyangwa’s Property Over US$4m Debts

Interfin Bank  To Auction Chiyangwa’s  Property Over US$4m Debts

Zifa president Phillip Chiyangwa is set to lose property from his Borrowdale mansion after the now-defunct USobtained a writ of execution against him to recover over US$4 million in debts. In a letter addressed to the Sheriff dated December 10, 2015, Interfin Bank’s lawyers, Sawyer & Mkushi, instructed the Sheriff to proceed with attachment of Chiyangwa’s property after paying attachment fees.Part of the letter read: “We request you to attach and remove defendant’s property at…

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