News / National
Chinamasa sues Farmers for over $1.2 million
10 Feb 2016 at 07:07hrs | Views
Patrick Chinamasa Finance and Economic Development minister has approached the High Court seeking to compel Farmers World Holdings to repay the over $1,2 million loan advanced to the agro-equipment supplier six years ago.
Chinamasa filed summons at the High Court last month under case number HC827/16 and Farmers World has since entered an appearance to defend notice, thereby preparing a grand stage for a court battle over the claim.
In the declaration attached to the summons, the Finance minister is cited as the applicant while Farmers World Holdings is cited as the respondent.
Source - newsday