Things get tight for Mugabe family as Grace Mugabe’s son loses cars. The Mugabe’s seem to be heading into financial ruin if news filtering is anything to go by. According to reliable sources, the repo man’s long arm or rather a tow hitch clamped a vehicle belonging to Russell (Grace Mugabe’s) firstborn due to non-payment.
The repo men repossessed the luxury vehicle at his Sandhurst house in Sandton on Thursday last week when he was out of the country. Russell is also believed to be playing hide and seek with the repo men regarding another VW vehicle which he is refusing to surrender despite struggling to keep up with his monthly instalments. The revelation from a bank employee who refused to be named suggests that the Mugabe’s are in a financial crisis.
The employee said Goreraza, who is the firstborn of Grace Mugabe, who is the eldest child of Grace, bought the road monster for R1.2 million through the Wesbank vehicle finance in 2018. His monthly instalment was pegged R41500 for five years.
Russell is no stranger to controversy and throwing in his Mugabe link to get away with murder. Amongst his many bad publicity stories, he made headlines in 2017 with allegations that he impregnated South African student Dineo Kekana and later asked her to abort, defaulted on his instalments from June last year.
He was over R389 000 in arrears when the car was repossessed at his posh pad, situated in Gauteng’s most posh suburb. “Russell stopped paying his instalment in June last year. The bank call centre agents contacted him and asked him to settle the arrears or surrender the car in August last year after defaulting for three months but he refused”.
The employee also said Goreraza eventually confessed that he was in a deep financial quagmire and reluctantly surrendered the automobile.
“He told us that his mine and farmworkers in Zimbabwe were on strike and this had resulted in a loss of income for him and his family. He then told my colleagues who repossess cars that although he was in Zimbabwe, he was giving them permission to go and take the car from his house.”
“When they arrived there, they found a guy called Glen, whom they asked to hand the car keys to them, but he told them that he didn’t know where they were,” said the bank employee.
The employee said his colleagues organised a tow truck which towed the vehicle to the bank storage in Langlaagte, south of Joburg-without the keys. The bank employee also said the repo men are now hunting for a VW that he also purchased through Webank as Goreraza was behind with his instalments.
According to the documents in Sunday World’s possession, Goreraza was granted a loan by Webank to purchase a 2018 Volkswagen, Arteon 2.0 TSI R-line. He was expected to pay over R9 681 a month until October 1 2022. But the businessman stopped making payments on February 1 last year and is currently R111 967 in arrears.
Goreraza could not be reached for comment at the time of going to print.
Source – iHarare
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