Daniel Nemukuyu Senior Court Reporter
The Zimbabwe Football Association’s Bulawayo house that was attached over a $1,5 million debt with CBZ Bank Limited, will be auctioned on March 13 at Holland Auctioneers, unless the football mother body clears its debt.

Stand Number 13689 of Stand 321 Bulawayo Township, which houses the football body’s provincial offices, face the hammer after zifa and its guarantor Dr Cuthbert Dube failed to pay CBZ’s debt.

In an advertisement placed by Holland Auctions recently, zifa is set to lose the immovable property together with 30 other individuals and organisations who owe several banks millions of dollars.

The Sheriff of the High Court attached the property following a court order by Justice Loice Matanda-Moyo in Harare.

Justice Matanda-Moyo ordered zifa to pay its outstanding capital debt of $1 054 747 together with $548 589 interest.

The court further ordered the football governing body to pay bank charges amounting to $2 411,73. Dr Dube’s property Number 44 Midlands Township of Midlands was also declared executable.

However, zifa failed to raise the $1,5 million and the Sheriff attached the building housing the body’s offices in Bulawayo.

According to summons filed at the High Court in March last year, zifa entered an agreement in which the bank offered the soccer body an overdraft facility.

zifa used the facility and by February 2014, the debt was at $1 054 474,65 and another $548 589,45 is owed in interest.

According to the agreement, zifa was supposed to meet all the bank charges and as at February last year, the charges stood at $2 411,73. When zifa breached the agreement, the bank tried to recover its money to no avail resulting in the institution of legal proceedings.

Gambe and Partners represented CBZ in the legal proceedings. The country’s football governing body has been under siege in recent months with creditors swooping on their various properties as they sought to recover their dues.

Property at zifa offices in Harare and zifa Village have been attached and some have been auctioned or is in the process of being sold following court action by various individuals and companies.

zifa president Dr Dube’s personal property was early this month nearly carted away by the Deputy Sheriff in Harare over the soccer body’s failure to pay $281 000 debt to Pandhari Lodge.

The property includes four vehicles and household furniture.

The vehicles, one land cruiser, a land rover discovery, a Mercedes Benz ML and a Mercedes Benz S600 as well as furniture at Number 7 Crigthon in Mt Pleasant, which is Dr Dube’s residence, were attached over a debt valued at $281 985.

The money that includes interests and the sheriff’s fees is owed to Pandhari Lodge and was accrued between February and September 2013.

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