December 14, 2004
THE HIGH Court in Blantyre has ordered sheriffs not to sell household property belonging to Inkosi ya Makosi M'mbelwa IV of Mzimba after the expiry of two weeks following an application for stay of execution by the chief.
Last week sheriffs accompanied by armed police seized household property belonging to the paramount chief at his Edingeni headquarters in Mzimba after he failed to repay a K 2.2 million loan to Finance Bank.
Some of the goods seized include two sets of sofa, fridge, display cabinet, giant TV screen, dining chairs, carpets and doormats.
Lawyer for the embattled chief, Chifundo Ngwira, applied for stay of execution on December 9, 2004 pending a further application within two weeks to allow the chief to settle the debt by monthly instalments of K100,000.
The court further ordered the sheriffs to return the property to the chief upon payment of sheriffs' fees and the first instalment of K100,000.
According to court officials the chief is obliged to pay K 2.7 including sheriffs' fees and other costs. But a senior court official who refused to be named wondered how many "stays" the chief would stop saying they were many warrants of execution waiting to be enforced.
He said the chief's property kept at the Mzuzu High Court would still face the hammer if the chief failed to pay the sheriffs' fees and the first instalment by the end of 14 days.
"We swept the house clean. We only left his royal chair and a lion hide. The goods we got are not enough and considering the amount, we are likely pounce on more," he said.
END
No comments:
Post a Comment