State Security minister Kembo Mohadi has approached the High Court seeking the removal of Barbra Lunga as liquidator of his insolvent company, accusing her of fleecing him large sums of money through the illegal sale of the firms assets.
BY CHARLES LAITON
State Security minister Kembo Mohadi
According to Mohadi, his company, Nerry Investments (Pvt) Ltd, was fraudulently put under liquidation sometime in 2014, even though it had no debts or creditors and was financially sound and able to pay its debts.
In his application filed early this month, Mohadi, who is cited as the first applicant alongside one Josias John Moyo, said the move to have his firm liquidated was done mala fide (in bad faith) with a serious intention to prejudice oth…
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