Zanu PF bigwig booted out of Hwange

HARARE - Zanu PF bigwig, Tendai Savanhu, has been ordered to stop interfering with the running of Hwange Colliery Company Limited (Hwange).

In his ruling delivered on July 26, High Court judge Joseph Mafusire said the dispute was “convoluted and the issues multi-faceted”.

“Tendai Savanhu is hereby interdicted and restrained from holding himself out to any person or body whatsoever as one with authority to represent Hwange Colliery Company Limited in any manner or capacity,” reads part of Mafusire’s ruling.

“Tendai Savanhu is hereby further interdicted and restrained from attending any board meetings of the Hwange Coal Gasification Company (Private) Limited or from signing any documents or making any representations or statement of authority in relation to that company.”

In one of the many cases dealt with at the High Court, Stanbic Bank of Zimbabwe Limited was also ordered to unfreeze Hwange Coal Gasification Company (Pvt) Ltd’s bank account.

The company’s managing director Guo Feng had filed an urgent court application seeking the bank to unfreeze the firm’s account, which had been frozen at Gilbert Chahwanda’s instance.

In the application Feng cites the bank, Chahwanda and another non-executive director Cephas Msipa as respondents.

Hwange Coal Gasification Company (Pvt) Ltd is constituted of Taiyuan Sanxing Company Limited, which holds 75 percent shareholding, while Hwange owns 25 percent of shares in the firm.

“The second and third respondents (Chahwanda and Msipa) have been attempting to take over the company and to have the other co-directors of Chinese descent deported from the country.

“Having failed to take over the company, they involved (Mr) Leo Mugabe in their endeavour to take over the company,” said Feng.

He said the Stanbic account was frozen without the company’s consent. Feng told the court that there were only five signatories to the bank account, Feng, Su Longmin, Jasper Mutsekwa, Han Cheng and Ma Hangtao.
He said by freezing the company’s account, Stanbic Bank had acted in an “unlawful and unreasonable” manner.

The Chinese nationals got associated in a joint venture with Msipa, Chawanda and Mugabe in October 2006.

However, in June this year, High Court judge Francis Bere ordered Mugabe and all those claiming rights through him to maintain peace with Feng and Longmin and return any company documents and office keys.

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