Thursday 28 June 2012

Kalusha Bwalya loses mansion to Zimbabwean businessman




Football Association of Zambia President Kalusha Bwalya has lost his Woodlands mansion over $26, 250 he borrowed from a Zimbabwean businessman but failed to repay. High Court Judge Nigel Mutuna has dismissed with costs Kalusha Bwalya’ bid to get back his house from Ian Chamunora Nyarungwe Haruperi. The facts presented to court were that sometime in 2008, Kalusha borrowed money from Haruperi’s company Chardore properties.Haruperi told Kalusha that his company was neither a bank nor money lending company but was willing to lend him the money on condition that he surrenders the title deeds to plot 921, Woodlands in Lusaka. Kalusha surrendered the title deeds and further signed what he said was blank sheet of paper.

Kalusha Bwalya told the court that when he went to pay back the money, he discovered that Haruperi had changed the title deeds into his name and told Kalusha Bwalya that as far as he was concerned, he bought the house.

Kalusha Bwalya then went to court and arguing that he only surrendered the title deeds as surety that he will pay back the money. But Haruperi argued that he bought the house and produced title deeds and contract of sale duly signed by Kalusha Bwalya.

Judge Mutuna said that Kalusha Bwalya’s arguments had no merit as he signed the contract of sale and was paid for the sale of the house.When he was been examined in court, Kalusha admitted that as a former international football player who had signed contracts before he knew what a contract looked like.

Mr Ian Chamunorwa Haruperi is also a director of Hwange Colliery. He holds an Economics degree from Middlesex University, (UK) and is a qualified stock broker and investment advisor.

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