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Walter Magaya's Stadium And Hotel Can Be Sold To Settle $420k Debt - High Court

5 months agoSat, 12 Oct 2024 12:09:04 GMT
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Walter Magaya's Stadium And Hotel Can Be Sold To Settle $420k Debt - High Court

The High Court of Zimbabwe’s Commercial Division in Harare has ruled that Walter Magaya’s Heart Stadium and Yadah Hotel can be sold to pay off a debt of US$420,140.72 owed to GetBucks Microfinance Bank Limited.

As reported by Nehanda Radio, the ruling was made on October 9, 2024, after Magaya, his company Planet Africa (Private) Limited, and Tendai Magaya failed to meet their obligations.

The court ordered the defendants to cover the plaintiff’s legal costs. Additionally, a 3.2323-hectare piece of land, where the hotel and stadium are located, was declared available for sale.

A special power of attorney was also confirmed, allowing Atherstone & Cook legal practitioners to handle the sale and transfer of the property. Ruled the judge:

The first defendant’s immovable property known as certain piece of land situated in the district of Salisbury called the Remainder of of Stand 166 of Prospect measuring 3, 2323 hectares held under deed of transfer No 4076/2018 and dated 27 July 2018 is hereby declared specially executable.

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The irrevocable special power of attorney issued by the first defendant to the plaintiff on 8 March 2024 authorising Atherstone & Cook legal practitioners and any of their partners to sell and transfer the property above is hereby confirmed and declared specially executable.

The defendants shall pay, jointly and severally, the one paying the others to be absolved, the plaintiff’s costs of suit on a legal practitioner and client scale, and collection commission in accordance with the Law Society of Zimbabwe by-laws.

The court ruled in favor of GetBucks Microfinance Bank Limited, ordering the defendants jointly and severally, to pay US$420,140.72, with 10% interest per month from September 11, 2024, until the debt is fully paid.

This decision could greatly impact Magaya’s business and reputation. Magaya, who founded the Prophetic Healing and Deliverance Ministry, has faced several allegations in recent years, including rape and fraud.

The Zimbabwe Gender Commission is also investigating him for allegedly sexually abusing several women from his church.

More: Pindula News

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123 Comments

lmana · 5 months ago
prophets of the anti Christ kupusisa vanhu about Jesus he never existed only to replace Yeushua name because they know in using the true name there is vibration that creates harmony and vanquishing all evil that's what they don't want you to know same applies to the names they changed of all the lakes and historical monuments mwaris name is Imana call with that name he answer hanzi mana fell down from heaven kwakuti chingwa no it's Imana came down from heaven
Officer#12 · 5 months ago
Marwadzo Aguma
fonsokwembo · 5 months ago
this guy is really a fraudster from prophet to soccer to ZIFA president to own Chitungwiza hey wat greedy is that
Talent · 5 months ago
Pindulanians you make my day.Chamhamha chibaba ichi cho vhara vanhu
Tintin · 5 months ago
is this the end?
Wasu · 5 months ago
xpossing already known gangster . nt armed with Ak47 assault rifle bt in plain white cloth with a Bible in hand ez bullets. .. thus the same dude you were crying tu be the zifa president
370H-55V O773H🙃 · 5 months ago
Kana Second Republic tichiti it's got to offer rubatsiro to All those affected by mbare inferno, Ungazodei What more would you want, it's there for the people and Magaya will not be an exception, government can take over, Look what has become of Harare an investment even in the post Sadc chair is meant a lifetime investment Hakuna kumwe kutonga kwe Vene vayo kunopfura uku
Bhuru · 5 months ago
ZANUPF will protect him hapana nyaya but truthfully this man is a fraudster
Papa John · 5 months ago
Oh.
Erudite Is Gay · 5 months ago
Hello.
Vedk · 5 months ago
When is the gukurahundi fund is to be disbursed, and the white farmer compensation is to start rolling out? From which pocket is the funding from? No water in hospitals, machinery drugs shortage of staff and salary debts underpay bills. Can we survive by jumping border to southern countries, for how long? Zig doesn't transact since it's introduction, it's a killing insect spread into economy, we are now nowhere going or coming sitting or standing, who is to blame for such mismanagement, Walter Magaya may be he borrowed state funds now failing to houner back???
tavez.com · 5 months ago
prophet plz this is Zimbabwe haidi zvose izvizvo
Sunday · 5 months ago
I feel sorry for Magaya
Erudite Is Gay · 5 months ago
Erudite is gay.
putin 🇵🇾 🇵🇾 🇵🇾 🐊 🐊 🐊 · 5 months ago
Tito Mboweni dies former reserve bank governor and finance minister RSA
HomeT4 · 5 months ago
Uyu akamboti haadi maZimba kuSouth. Saka ngaayende nayoka South Africa muguva.
Lamar · 5 months ago
Zim yakatodhaqwa munhu akaseta pesi yako vakutoda kuzvidira jecha
pipiro · 5 months ago
ukateya mariva murutsva chirega kutya kusviba magadziko
craziness · 5 months ago
kusetter pace nemari yekukwereta here some of us seems blind folded 4 life.. makageza meso ne annointed water kñ... and why doesn't know dt ds guy is a ...., not a man of God by they just find and a place tu hide behind the Bible.....
dj TECH 🇿🇼 · 5 months ago
varivavarira stadium mabharaz aua ,kut vangoritora vopedzisa robva rangonz rakumita maFifa standard 👆
Zero rated. · 5 months ago
Vangoritora anaani?? you fo.ol. even you can buy it kana une Mari yacho .... the sale is open Kuna anyone ...
Baba Joze · 5 months ago
chii ne Zimbabwe chaizvo
bhobhojani bhadhiza · 5 months ago
Kubhadhara anga bhadhara hake asi haarege kukamhina nyaya dzake dzawanda musharukwa uyu. Vakuru vanoti mavara anoda pahanga ukamawana pamunhu ziva kuti kugeza kwava kushoma. Kungotaurawo hedu sevanhu. Asi kamba chaiye asvika pariva akati zviita vanhu dombo harina mudonzvo. Chiripo Chiripo varume rimwe zuva muramba uchamedza chirauro. Tarisa nyaya iyo mamboona kupera kwayo here yanga yotaurwa dzekumbunyikidza vanhukadzi. Pose pane hutsi pane moto ehe vamwe mungati hutsi hwesadza asi pasi pepoto pane marimi
Alby. · 5 months ago
one day is one day zvichamuhwina mumadhiri umu
fonsokwembo · 5 months ago
kkkk hanz kamba akati dombo harina mudonzvo😁😁 mandipedza mukuru zvakaoma kani
Is this his · 5 months ago
How were these properties accuired, politically, fair fair or religiously? Now when sold the name is buried forever where will Walter goes?
Festoe · 5 months ago
So it's clear he is the one behind ecobank robbery, he wanted to smoothly cover his debts, ohhhhhh these businesses are no viable that they can bring back the initial capital and profits. Yaaaaa businessman can kill you or himself tooooo. So one on one this time it was ecobank safeguard on 8 magaya and 7armed robbers kkkkkkkk
🔥🔥 · 5 months ago
kkk musadaro
pipiro · 5 months ago
vanhu vese vaakavhara varikufara sooo. zvaiwana ngwarati
𝐧𝐡𝐮𝐛𝐮 · 5 months ago
𝙙𝙖𝙞𝙙𝙯𝙖𝙞 𝙫𝙖𝙠𝙪𝙧𝙪 𝙫𝙖𝙪𝙮𝙚, 𝙫𝙖𝙢𝙖𝙜𝙖𝙮𝙖 𝙫𝙖𝙪𝙮𝙚𝙚𝙚𝙚𝙚 𝙨𝙞𝙣𝙜𝙞𝙣𝙜 𝙛𝙪𝙣𝙜𝙞𝙨𝙖𝙞
Zero rated. · 5 months ago
🤣🤣🤣🤣ndogara ndichizvitaura kuti maArtist siyai zvekuimba vanhu ... Hona manje ...
Xxx · 5 months ago
10% a month is not fair
nherera · 5 months ago
magaya is not the first person on planet earth to owe banks neither the last person even ED Trump Biden owe banks so that doesn't mean he is corrupt kana iwe wacho even pindula owes banks
🔥🔥 · 5 months ago
wakaita munyama wekukura usina va bereki so you are trying to find father pana magaya,,nherera yemunhu
Alby. · 5 months ago
wataura senherera apo
Zero rated. · 5 months ago
panyaya iyi hapana kunzi he's corrupt even though we know it.. zvanzi zvamuremera zvikwereti Saka midziyo yakutengeswa kudzorera Mari kuvaridzi vayo vaakakwereta
wischigonero · 5 months ago
hapana chinotorwa apo magaya itsotsi hombe baba chine cash hombe ichochiye asi hachizviratidze chinogona kuba mari
👀👀 · 5 months ago
@Tambaoga l mean va T Fredie
Tambaoga · 5 months ago
hoooo yaa ndandakanganwa zita rake
Chibaba · 5 months ago
Hoo saka chiporofita chake ndechekutenga 🤣🤣🤣 prophet n'anga.
👀👀 · 5 months ago
ivo mkoma vema spiritual spectacles ndoziva kumusha kwavo ,kwaSeke kunonzi kwaZhakata,ndoovasara kuitwa zvakaitwa baba vekupondwa nemwana wavo nevazukuru ,a lot is happening there eveyday and ndivo main suspect
Tambaoga · 5 months ago
ndevapi zviya
👀👀 · 5 months ago
T Fredie
Anonymous · 5 months ago
ini ndakajoiniswa beekeeping , i bought 8 hives , but up to now nothing received ... imbavha magaya uyu
Alby. · 5 months ago
shame
Tambaoga · 5 months ago
iwe ndiwe problem waimbo joinireyi Bee keeping.apa wakabhadhara 100US kuti udzidziswe Kuchengeta nyuchi dzacho,wakadii wakaenda paGoogle wotsvaka kuti nyuchi dzochengetwa sei.
👁️ · 5 months ago
Wakajoiniswa? 🤭 Nani?
Alby. · 5 months ago
uchiri kumada mabeehives acho here
pipiro · 5 months ago
nyuchi dzacho mumasango umu hqkuchina dzakapera nekutsva nema veld fires
Jojola · 5 months ago
He needs only one Sunday to raise that money
Tambaoga · 5 months ago
mmmm Sunday Service haibude Bt paNight of turnaround.bt these days vanhu vavashoma havabudise mari vangwarisa esp old members
hoza · 5 months ago
kuendeswa kucourt zviri kureva haipo iwe
Chihera · 5 months ago
Magaya ane mari manje uyu hazvitengeswe izvo
skun · 5 months ago
anogona anayo ASI haasi Kuda kuzara asina Mari yacho..
zig · 5 months ago
like father like son t b jousha and magaya then vekutsotwa mari yedzimba vaye
Apostle · 5 months ago
@zig kungonyarara paruzhinji zvakangonaka kana uchiziva kuti hauna nyaya. TB Joshua apinda papi muchikweteti chaProphet Magaya?
Godknows · 5 months ago
ummm thus bad news 😢😢😢😢
Anonymous · 5 months ago
Mantief
Chibaba · 5 months ago
I think Wicknell Chivhayo will rescure him.
Anonymous · 5 months ago
True. With government money. For the good of the people.
lonwolf · 5 months ago
Zakio Buruka mumuti.ndinodya newekumbakwako mute muteresi mukuru kwazvo pfuma ndichadzosera hangu zvakapetwa kaviri
· 5 months ago
Hapana chinotorwa apa kuda kuti timbowana zvekutaura tchitandara Magaya haashayi Mari yekubhadhara chikwereti
Antman · 5 months ago
My guy he even owes a Brazilian thousands of dollars, he owes some local church member that he duped money. The guy has an issue when it comes to pocketing other people's sweat. Hopefully God will helo him payback everything and starting life on a clean new page with people's forgiveness
suks · 5 months ago
kandiro enda kandiro dzoka
Ctrl Alt Del · 5 months ago
prophet my foot
G.MOYO · 5 months ago
akavhara blaz vangu iyeyu tengesai henyu
Anonymous · 5 months ago
Ini akandivhara USD800 yangu ndajoiniswa farming project, handimbomuregereri mukuru uyu
1
Tambaoga · 5 months ago
🤣🤣
Mr Tanzania · 5 months ago
😄😄😄😄😄😄😄😄😄😄😄😄😄😫
wasu · 5 months ago
Apa aida kutora Chitungwiza yese kuita yake.
overseer · 5 months ago
chibaba chomweya chakuita cei fut TB Joshua muka uone spiritual son yako yaenda nenyika
Ding Don · 5 months ago
isu vanhu tinomupa mbiri tichimukuvadzisa chero nokudenga chaiko uchatengesa zvose hasati atanga
Mr Tanzania · 5 months ago
That's true
Ding Don · 5 months ago
Mhunhu mhunhu kuzviita Jesu zve fake
Evangelist · 5 months ago
@Ding Don, stop manifesting. Prophet Magaya never called himself Jesus.
Anonymous · 5 months ago
Unomama chete magaya
CHINHEMETEME · 5 months ago
thats life
Mr Tanzania · 5 months ago
That's life too
zato · 5 months ago
kuzifa Kure ummmm .....
truth · 5 months ago
magirazi emweya aka expire ndoona akakangamwa kunojusa ndobva zvajujuka asi.dai mangomuregererawo anoratidza kuti anoda kubatsira nyika yedu kutii ivewo nenhandare yemhando yepamusoro
gumlaz · 5 months ago
ndozvazvinoita ukada kupfuma nechikiribidi paunenge uchibira vanhu unenge uchifara asi kana zvotaugwa wotsamwa
Anonymous · 5 months ago
G He should pay back the the Douglasdale stands he stole from people here in Bulawayo How Mine
370H-55V O773H🙃 · 5 months ago
They could want to smear dirt on him to stop running for Zifa Chairmanship
🔥🔥 · 5 months ago
Hazvinei me bhora or politics chikwereti baba Evangelist
skun · 5 months ago
hatitomude ipapo pa chairmanship pacho..viva Peter Ndlovu🍾
pipiro · 5 months ago
ko haanawo kugara aoneswa mumweya here kuti Stadium neHotel zvichaenda? ko umwe wake wema spiritual spectacles haaanawo kuona njodzi ichasanganikwa naabiya vake here?
👀👀 · 5 months ago
ah ndofunga ma dpiritual spectacles aane huruva aakuda kupukutwa,
Poolteen · 5 months ago
urikutiiko iwe
Alby. · 5 months ago
hapana chinoonekwa paye
Erudite · 5 months ago
🤣🤣🤣🤣 a classic example of a Christian.... Erudite out
Anonymous · 5 months ago
You are in no position to talk about Christianity being a rabid Christian hater. Magaya has never been a Christian. He has been in it for the money. I am sure you can relate.
👀👀 · 5 months ago
nyika ngaitotenga hayo yoisa ma toilets nezvimwe tinee taa parinani
👀👀 · 5 months ago
do you know the history of the magaya's,chakadyiwa na papa chamuka manji
nice · 5 months ago
magaya ndeumwewo munhu ari corrupt
skun · 5 months ago
munhu wese muzimba Ari corrupt😂me asina Mari yacho 😂
ndururani · 5 months ago
ummm inga zvakawoma, chokwadi apa hapamihwe-mihwe🥴
Z · 5 months ago
UPS AND DOWNS OF LIFE. NOBODY IS SPARED. YOU WAKE UP SMILING BUT GO TO BED IN THE EVENING SOBING. ITS LIFE.
Godknows · 5 months ago
Yaaa sure bt this one is unbelievably
Moto · 5 months ago
Munhu wamwari😄🤦
skun · 5 months ago
newe futi Uri munhu wamwari..😁😁
king44 · 5 months ago
zvaendwa

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