THE winding down of the defunct Interfin Bank (pictured) is facing new hurdles amid revelations a local property firm is suing the banks liquidator and prominent lender Jayesh Shah who is holding onto title deeds of the plush Golden CT housing project, it has been established.
By Bernard Mpofu
Equity Properties has slapped Shah with an US$11 million lawsuit and wants the Deposit Protection Corporation (DPC) chief executive officer John Chikura to face criminal charges over how he handled a settlement between Interfin and the property firm.
In a letter dated October 20 to the Master of the High Court, the Chris Tande-founded Equity argued that Chikura, the liquidator of Interfin Bank, is out to deny the company the right to challen…
Read the full article at: https://www.theindependent.co.zw/2017/10/27/interfin-liquidation-hits-new-snag/