Business

Top Businessman Farai Matsika Weeps In Court After Losing Croco Ownership

TOP businessman, Farai Matsika wept bitterly Monday in court after losing an appeal against a High Court ruling that he fabricated documents in a bid to snatch Croco Holdings owned by his former partner Moses Chingwena.

The case was dismissed on appeal with costs at the Supreme Court.

A full judgment was not readily available, but Matsika had in his appeal raised 11 points challenging the High Court ruling, which concluded that he had cheated.

 

In his appeal, Matsika complained High Court judge, Justice Owen Tagu had made a number of mistakes in concluding he sought to grab the company through the back door.

 

 

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