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*Croco Motors Sues Zimbabwe Cricket Over $2.5 Million Debt* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kn Zimbabwe Cricket Union has been taken to the High Court by Croco Motors after allegedly failing to settle a debt of $2 560 000 from 2015. In its court papers, Croco Motors says ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > On June 11, 2015, the defendant (Zimbabwe Cricket Union) acknowledged its liability to the plaintiff (Croco Holdings) in the sum of $2,8 million. In terms of the acknowledgement of debt, the defendant undertook to repay the sum of $240 000 through the provision of cricket boxes on lease for a period of 25 years, leaving a balance due and owing by the defendant to the plaintiff in the sum of $2 560 000,” Croco Motors said in its declaration. > In 2016 and early 2017, the defendant acknowledged its indebtedness to the plaintiff in the sum of $2 560 000. Despite demand, the defendant has failed to pay the sum of $2 560 000, which amount is now due and payable. The cricket union is yet to respond. More: Daily News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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