News / National
'Loan shark' seizes vehicle over US$60 debt
06 Dec 2024 at 13:09hrs | Views
Isaac Matinyarare, an alleged illegal money lender from Chiredzi, is accused of forcibly confiscating a silver Nissan Sulphy Bluebird from Phillip Mafuta over a disputed US$60 debt. Mafuta told The Mirror that Matinyarare took the vehicle along with key documents and personal belongings.
Among the seized items were the Agreement of Sale, the Vehicle Registration Book, spare and main car keys, a wallet containing US$77, a Zimbabwean ID, bank cards, a South African driver's license, a professional hunter card, and a ZCC Green Book. A Leloma jacket and a Shona Bible were also in the car at the time of confiscation.
Masvingo Acting Police Spokesperson Masauso Patinyu stated he had not yet reviewed the matter.
Matinyarare, who resides at 85 B Curve in Chiredzi, claims the debt owed by Mafuta is US$1,000. He pledged to provide a signed affidavit but had not done so by the time of publication.
It is reported that several vehicles belonging to individuals indebted to Matinyarare are parked at the Chiredzi Police Station, raising further questions about his activities.
One of Matinyarare's alleged victims, Charles Ncube of Dulibadzimu in Beitbridge, has filed a spoliation order at the Beitbridge Magistrates Court to recover a kombi reportedly seized by Matinyarare.
"Take notice that an application would be made … compelling respondent to give or return to me/applicant properties stated in the founding affidavit in terms of the draft order annexed hereto," reads part of Ncube's court documents.
The incident has raised alarm about illegal lending practices in the area and the alleged use of coercive tactics to recover debts. The situation has also sparked discussions about the role of law enforcement in addressing these disputes, given that confiscated vehicles are reportedly held at the Chiredzi Police Station.
Mafuta and other alleged victims are urging authorities to take swift action against what they describe as exploitative and illegal practices.
Among the seized items were the Agreement of Sale, the Vehicle Registration Book, spare and main car keys, a wallet containing US$77, a Zimbabwean ID, bank cards, a South African driver's license, a professional hunter card, and a ZCC Green Book. A Leloma jacket and a Shona Bible were also in the car at the time of confiscation.
Masvingo Acting Police Spokesperson Masauso Patinyu stated he had not yet reviewed the matter.
Matinyarare, who resides at 85 B Curve in Chiredzi, claims the debt owed by Mafuta is US$1,000. He pledged to provide a signed affidavit but had not done so by the time of publication.
It is reported that several vehicles belonging to individuals indebted to Matinyarare are parked at the Chiredzi Police Station, raising further questions about his activities.
One of Matinyarare's alleged victims, Charles Ncube of Dulibadzimu in Beitbridge, has filed a spoliation order at the Beitbridge Magistrates Court to recover a kombi reportedly seized by Matinyarare.
"Take notice that an application would be made … compelling respondent to give or return to me/applicant properties stated in the founding affidavit in terms of the draft order annexed hereto," reads part of Ncube's court documents.
The incident has raised alarm about illegal lending practices in the area and the alleged use of coercive tactics to recover debts. The situation has also sparked discussions about the role of law enforcement in addressing these disputes, given that confiscated vehicles are reportedly held at the Chiredzi Police Station.
Mafuta and other alleged victims are urging authorities to take swift action against what they describe as exploitative and illegal practices.
Source - The Mirror
