Discover and read the best of Twitter Threads about #corporatebattle
Most recents (1)
#CorporateBattle
In what is a tale of two brothers, top Zimbabwean businessman Farai Matsika and his cousin brother Moses Chingwena have endured a nasty fallout, with Matsika weeping in court after losing shareholding in Croco Motors run by Chingwena in a fierce legal battle.
In what is a tale of two brothers, top Zimbabwean businessman Farai Matsika and his cousin brother Moses Chingwena have endured a nasty fallout, with Matsika weeping in court after losing shareholding in Croco Motors run by Chingwena in a fierce legal battle.
Matsika had appealed a High Court judgment against him by Justice Owen Tagu, claiming he that he had erred by finding that he wanted to grab the company from Chingwena through the back door.
However, Supreme Court Justice Chinembiri Bhunu dismissed Matsika's appeal with punitive costs, saying he had created fraudulent documents to deceive the court.
This left Matsika not only having lost his shareholding in Croco Motors, but also bruised with a tattered reputation.
This left Matsika not only having lost his shareholding in Croco Motors, but also bruised with a tattered reputation.
