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‘High Court Attaches Deputy Mines, Minister Fred Moyo’s Borrowdale Property Over US $1.5 million Debt’
THE High Court sheriff on Friday stormed the Borrowdale home of Mines and Mining Development Deputy Minister Fred Moyo to attach property worth thousands of dollars after he and fellow directors of a mining firm failed to settle a $1.5 million debt. Moyo and fellow directors stood surety to Stanbic Bank Zimbabwe Limited for a $765,000 loan, now repayable with interest and other charges almost matching the original loan. The money was advanced as a loan…
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