Free forex ebook
News

Tendai Biti's Law Firm Accused of Presenting Fraudulent Title Deeds

Mashamhanda became aware that the Capital Gains Tax (CGT) Certificate and the Rates Clearance Certificate were not properly obtained and therefore invalid

  • forex
  • Wealthy affiliate online

Tendai Biti Law Firm Accused of Presenting Fraudulent Title Deeds

Businessperson Tendai Mashamhanda the proprietor of Mashwede has raised allegations of fraudulent title deeds and unlawful claims against the law firm of prominent opposition figure Tendai Biti and a number of defendants listed in the summons.

The allegations have thrust the cast a shadow of doubt on the integrity of Zimbabwe’s real estate sector and the imperative for stringent regulatory oversight.

Mashamhanda’s odyssey began with the purchase of a piece of land in February 2019, only to encounter a labyrinth of conflicting claims in the aftermath.

Court documents show that Bariade Investments, purportedly acquired the property through a disputed auction.

Despite Mashamhanda’s proof of ownership and substantial investments in the property, the defendants vehemently assert their stake.

Mashamhanda’s raises allegations of fraudulent documents, including a Special Power of Attorney and flawed title transfer procedures.

  • WhatsApp masterclass

Tendai Biti Law Firm Accused of Presenting Fraudulent Title Deeds

The attempted sale in execution, orchestrated on the basis of these dubious documents is therefore devoid of legitimacy.

Mashamhanda seeks the cancellation and annulment of the deed of transfer favouring Bariade Investments, coupled with costs against the defendants.

Mr Mashamhanda is claiming US$1,196 749.00 (one milion one hundred and ninety-six thousand seven hundred and forty-nine United States Dolars) from the first Defendant for unjust enrichment and separate Summons under cover HCH1725/24.

According to the summons seen by the publication, Mashamhanda became aware that the Capital Gains Tax (CGT) Certificate and the Rates Clearance Certificate were not properly obtained and therefore invalid.

Further the Plaintiff noted that there are many anomalies on the Deed of Transfer including wrongly quoted extending clause, wrong purchase price and improper endorsement and alteration ot Bariade (Pvt) Ltd.’s title.

The matter rests with the judiciary, with Mashamhanda seeking redress and restitution for the alleged wrongful deprivation of his property rights.

Bryan

Person for people. Reader of writings. Writer of readings.

Related Articles

Back to top button

Adblock Detected

Please turn off your adblocker to view our content as our site is ad-supported