Former Zambia High Commissioner and wife in court
The Lusaka High Court has ordered former Zambia’s High Commissioner to Nigeria Alex Luhila and his wife Freda to remit over one billion Kwacha debt to Stanbic Bank within 90 days.
Judge Flavia Chishimba has given Stanbic Bank the liberty to fore-close and sale the respondent’s mortgaged properties if they fail to settle the debt.
The properties include Stand number 6575, Kasangula Road – Olympia , Stand number 7426 Kaunda Square Stage one and Scania K 94-HB60 Seater Semi Luxury Coach.
Mr Luhila and his wife Freda who is also former Food Reserve Agency -FRA Executive Director, obtained 967 million kwacha from Stanbic Bank in March 2008.
However they defaulted in off-setting the debt and owed Stanbic Bank over one billion kwacha as of July 2011.
They were jointly sued with Mandona Luhila, Maria Kashonda and Matanki Freight Limited.
Judge Chishimba has granted the Luhila’s leave to appeal.