Matsika loses 30% shareholding claim

BUSINESSMAN Farai Matsika has lost his claim of 30% shareholding in Croco Holdings (Pvt) Limited after the High Court ruled that he used forged documents to snatch a stake from his erstwhile boss Moses Tonderai Chingwena’s company.

In a hard-hitting judgment, Justice Owen Tagu slapped Matsika with costs over his “dishonest” application.

“The applicants sought to seek relief from this court by fabricating documents, a fabrication as amateurish as it is disrespectful.

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