By GRACE CHAILE LESOETSATHE Court of Appeal has ruled that it will go ahead to hear the contempt proceedings commenced by the Ventriglia family against Finsbury Investments Limited chief executive officers.In a ruling delivered by Justice Justin Chashi, the court dismissed the preliminary issues raised by Finsbury Investments objecting to the contempt proceedings against its chief executive officer Mr Phesto Musonda and his co-accused, Mr Jimmy Kalunga for allegedly attempting to take over the operations of Zambezi Portland Cement Limited in September last year.The two are alleged to have ignored the Court of Appeal order dated December 4, 2020 which stayed the order of the single judge of the High Court.Finsbury Investment argued that the notice of motion for an order for committal for contempt against Mr Musonda and Mr Kalunga was irregular and did not comply with orders 45/5 and 7 and 52/4 and that it was an abuse of court process.It submitted that […]
Court of Appeal to hear appeal
