News / National
Debtors go after Makandiwa pastor's assets
14 Jul 2012 at 19:08hrs | Views
Kwekwe Fuel logistics company, Igwa Enterprises Pvt (Ltd) which last week attached property belonging to United Family International Church (UFIC), Mutare head Pastor Jacob Tembo, is still on the hunt for more of his assets.
According to sources from the Deputy Sheriff, the attached property which largely comprised building materials valued at over $30 000, only fetched
$8 000 at the auction, leaving Tembo with a debt of $77 000.
"We sold asbestos sheets, door frames, a grinding mill, deformed iron bars, flush doors, roofing tiles, cement, window frames, roofing timber and a whole lot of other building material enough to complete an upmarket house just for $8 000 and have since forwarded the money to Kantor and Immerman (lawyers representing Igwa Enterprises) and await further instructions," said a source.
The building material was attached following a High Court order issued on May 18 before Justice Bharet Patel in case HC 2889/11 where Igwa Enterprises sued to recover $85 000 of a capital debt from its former director.
Tembo, then a company director, was forced out of Igwa Enterprises in 2009 following a fuel scam in which he was accused of siphoning fuel worth over $300 000 from the company during the height of the fuel crisis in Zimbabwe.
Then a strong member of the Apostolic Faith Mission (AFM) and a major funder of the churchs activities, Tembo was allegedly forced to leave Kwekwe and the church in shame and became instrumental in forming UFIC, led by popular Prophet Emmanuel Makandiwa.
At that time Tembo lost his entire shareholding in the company and was stripped of most of his assets which included top-of-the range vehicles and an upmarket- house and residential stands before he was forced underground.
He then resurfaced at UFIC where he is now a pastor alongside Makandiwa who also started his pastoral work at AFM.
The matter was reported to the police but an out-of-court settlement was reached where Tembo agreed to pay Igwa Enterprises for the fuel which he was accused of having stolen.
According to sources from the Deputy Sheriff, the attached property which largely comprised building materials valued at over $30 000, only fetched
$8 000 at the auction, leaving Tembo with a debt of $77 000.
"We sold asbestos sheets, door frames, a grinding mill, deformed iron bars, flush doors, roofing tiles, cement, window frames, roofing timber and a whole lot of other building material enough to complete an upmarket house just for $8 000 and have since forwarded the money to Kantor and Immerman (lawyers representing Igwa Enterprises) and await further instructions," said a source.
The building material was attached following a High Court order issued on May 18 before Justice Bharet Patel in case HC 2889/11 where Igwa Enterprises sued to recover $85 000 of a capital debt from its former director.
Tembo, then a company director, was forced out of Igwa Enterprises in 2009 following a fuel scam in which he was accused of siphoning fuel worth over $300 000 from the company during the height of the fuel crisis in Zimbabwe.
Then a strong member of the Apostolic Faith Mission (AFM) and a major funder of the churchs activities, Tembo was allegedly forced to leave Kwekwe and the church in shame and became instrumental in forming UFIC, led by popular Prophet Emmanuel Makandiwa.
At that time Tembo lost his entire shareholding in the company and was stripped of most of his assets which included top-of-the range vehicles and an upmarket- house and residential stands before he was forced underground.
He then resurfaced at UFIC where he is now a pastor alongside Makandiwa who also started his pastoral work at AFM.
The matter was reported to the police but an out-of-court settlement was reached where Tembo agreed to pay Igwa Enterprises for the fuel which he was accused of having stolen.
Source - ND
