By Agencies
AUGUR Investments owned by businessman Ken Sharpe has won a Supreme Court appeal against a High Court ruling ordering attachment of its upmarket Pomona City 273 hectares of prime land in Harare’s affluent area of Borrowdale to settle a debt.
The company owed Fairclot Investments funding for a dual carriageway in Harare leading to Robert Mugabe International Airport.
At the High Court, Fairclot Investments, trading as Trucking and Construction (T&C) wanted an order “setting aside the transfer of the property covered in the Deed of Settlement to Doorex Properties being a certain 273,2 hectares of land called Stand 654 Pomona Township.
Doorex is a subsidiary of Augur Investments.
T & C, which was subcontracted by Augur Investments for the airport project, also demanded the nullification of the deed of settlement between Harare City Council, the Local Government Ministry and Augur Investments that saw the transfer of 273 hectares of land in Harare’s Borrowdale suburb.
By Agencies
AUGUR Investments owned by businessman Ken Sharpe has won a Supreme Court appeal against a High Court ruling ordering attachment of its upmarket Pomona City 273 hectares of prime land in Harare’s affluent area of Borrowdale to settle a debt.
The company owed Fairclot Investments funding for a dual carriageway in Harare leading to Robert Mugabe International Airport.
At the High Court, Fairclot Investments, trading as Trucking and Construction (T&C) wanted an order “setting aside the transfer of the property covered in the Deed of Settlement to Doorex Properties being a certain 273,2 hectares of land called Stand 654 Pomona Township.
Doorex is a subsidiary of Augur Investments.
T & C, which was subcontracted by Augur Investments for the airport project, also demanded the nullification of the deed of settlement between Harare City Council, the Local Government Ministry and Augur Investments that saw the transfer of 273 hectares of land in Harare’s Borrowdale suburb.
