By GRACE CHAILE-LESOETSAMMD president Nevers Mumba has now repaid the US$70,000 loan to Lusaka businessman Oliver Scott who alleges to have paid the former for the purchase of land located in Ibex Hill in Lusaka.Mr Scott claims Dr Mumba failed to complete and transfer the said property to him.This is according to a Notice of payment filed by Dr Mumba into the Lusaka High court.And Dr Mumba is also counterclaiming a declaration that the unsubstantiated documentation for sale of his land are null and void.He wants an order compelling Mr Scott to accept payment of the money and an order preventing him from charging penalty and compound interest.“Take notice that the defendant in these proceedings paid into court the sum of US$70,000 the kwacha equivalent of which is K1,494,458 as at February 12,2021 by way of bank transfer into the High Court clients account number 0060417125017 held at Atlas Mara limited Longacres branch,” the notice […]
Nevers repays $70,000 debt
