{"id":9853,"date":"2019-06-09T15:04:47","date_gmt":"2019-06-09T15:04:47","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=9853"},"modified":"2019-06-09T15:04:47","modified_gmt":"2019-06-09T15:04:47","slug":"banks-drags-defence-minister-to-court-over-us262-000-debt-storm","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/banks-drags-defence-minister-to-court-over-us262-000-debt-storm","title":{"rendered":"Banks drags defence minister to court over US$262 000 debt storm"},"content":{"rendered":"<p>A local banking institution has petitioned Defence Minister Oppah Muchinguri-Kashiri and the director of salary services bureau to garnish the salary of an Air Force officer, Arnold Pullen in a bid to recover US$262 000 debt.<\/p>\n<p>The Central Africa Building Society Bank (CABS) approached the High Court and applied for a garnish order and a monthly payment of US$1 000.<\/p>\n<p>Court heard the judgement debt arises from unauthorised overdrafts utilised by Pullen and remains outstanding and unsatisfied.<\/p>\n<p>Muchinguri-Kashiri was cited as the first respondent in the application while the director of the Salary Services Bureau and Pullen were cited as second and third respondents respectively.<\/p>\n<p>\u201cOn the 2nd of April 2019, the applicant obtained an order against the 3rd respondent in the sum of US$262 208 together with interest thereon at the rate of 20% per annum and costs of suit on a legal practitioner and client scale.<\/p>\n<p>\u201cThe judgement debt arises from unauthorised overdrafts utilised by the 3rd respondent which debt remains outstanding and unsatisfied.\u201d<\/p>\n<p>CABS wrote that it was aware that Pullen is a member of the Air force of Zimbabwe and is employed by the first respondent (Muchinguri).<\/p>\n<p>\u201cThe first respondent through the second respondent is obliged to pay a monthly salary to the judgement debtor as his employee and it is on that basis that the present application is made.<\/p>\n<p>\u201cThe applicant is however unaware of the actual salary or wages earned by the 3rd respondent.\u201d<\/p>\n<p>\u201cThe applicant prays for an order compelling the first respondent to pay the sum of US$1 000 per month to it until the judgement is paid in full.<\/p>\n<p>\u201cI believe that payment of the sum of US$ per month to the applicant is reasonable and that the judgement debtor will have a sufficient balance of income remaining to maintain himself and those dependent upon him,\u201d wrote the bank in its founding affidavit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A local banking institution has petitioned Defence Minister Oppah Muchinguri-Kashiri and the director of salary services bureau to garnish the salary of an Air Force officer, Arnold Pullen in a bid to recover US$262 000 debt. The Central Africa Building Society Bank (CABS) approached the High Court and applied for a garnish order and a [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":9858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[376,123,83,251],"class_list":{"0":"post-9853","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-debt","10":"tag-defense","11":"tag-economy","12":"tag-us-dollar"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banks drags defence minister to court over US$262 000 debt storm - zimbabwe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/banks-drags-defence-minister-to-court-over-us262-000-debt-storm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks drags defence minister to court over US$262 000 debt storm\" \/>\n<meta property=\"og:description\" content=\"A local banking institution has petitioned Defence Minister Oppah Muchinguri-Kashiri and the director of salary services bureau to garnish the salary of an Air Force officer, Arnold Pullen in a bid to recover US$262 000 debt. 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