Home Southern Africa Zimbabwe Zimbabwe: Magaya Ordered to Pay Back U.S.$3 Million in Crushing Legal Defeat

Zimbabwe: Magaya Ordered to Pay Back U.S.$3 Million in Crushing Legal Defeat

In a fresh legal blow to Walter Magaya, the High Court of Zimbabwe has ordered the embattled Prophetic Healing and Deliverance leader to repay US$3 million to an Israeli businessman dismissing his attempt to use local exchange control laws to void the debt.

The case filed under case HC 621/23, the High Court rejected Magaya’s attempt to use exchange control regulations to void a mining investment debt dismissing his proposal to repay the Israeli investors in local currency instead of the US$3…

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