FORMER Reserve Bank of Zimbabwe (RBZ) governor, Gideon
Gono’s chicken-rearing business, Lunar Chickens (Pvt) Ltd, has filed an
appearance to defend notice at the High Court, seeking to challenge the $89 517
claim filed by a local stockfeed supplier, Profeeds (Pvt) Ltd.
On July 13, 2018, the stockfeed firm, through its lawyers
Gwaunza and Mapota Legal Practitioners, petitioned the court for an order to
compel Lunar Chickens alongside Velenjani Lupankwa, Lavi Maundura and Tenbach
Investments (Pvt) Ltd, to pay the amount, claiming the latter had reneged on
the parties’ agreement signed over four years ago.
But Gono and his co-defendant, through their lawyers,
Tendai Biti at Law, filed to challenge the claim on August 1, 2018.
“Take notice that on August 1, 2018, at 2:55pm, the
defendants (Lunar Chickens, Lupankwa and Maundura), hereby, entered appearance
to defend. Further take notice that the defendant’s address of service is care
of their under-mentioned legal practitioners of record. The summons was served
on the defendants on July 20, 2018,” part of the notice read.
In its declaration, Profeeds said sometime in January 2014,
it entered into an agreement with Lunar Chickens for the sale of feed on credit
and it was agreed that Gono’s business would pay for the feed within 30 days of
delivery.
“It was also agreed that any amount not paid on due date
would become due and payable to the plaintiff (Profeeds) and defendant would be
liable for interest at the rate of 2% above the publicly quoted prime overdraft
rate charged by Standard Chartered Bank,” Profeeds said. Between March 21 and
28, 2014, Lunar Chickens allegedly took delivery of feed worth $89 517, an
amount which remained outstanding to date.
The firm further said Lupankwa bound himself as surety and
co-principal debtor with Lunar Chickens, while Tenbach Investments passed a
$100 000 surety mortgage bond in favour of Profeeds as continuing covering
security. The feed firm said it also paid bond registration fees of $3 300 on
behalf of Lunar Chickens on October 20, 2014, and the money has not been
refunded.
The matter is pending. Newsday
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