Kabwe family loses property after selling it to two buyers

Kabwe family loses property after selling it to two buyers

IMG_2495 Baines motors

A Kabwe based woman who wanted to sell a property to two businessmen has lost the case in the Lusaka high Court after the court ruled that the initial buyers Kasengo holdings take possession of the property.

Lynn Beatrice Baines had initially sold stand number 219 Independence Avenue called Baines motors to Kasengo holdings at K1,5m in 2011 and later sold the same property to another businessman Mukuni Mukopa at K1,8m also known as Zhyamarie.

After getting money from Kasengo holdings, Ms. Baines later changed her mind saying the family had rescinded the decision to sell the property but Kasengo dragged her to court claiming possession.

According to the judgment obtained from the High court  by the Watchdog, judge Sikazwe stated that all the documents pertaining to the transactions withheld by the first and second respondent to be surrendered to the applicant, Kasengo holdings. The costs are to be borne by each party. The property houses a filling station, supermarket and a take away outlet.

Ksasengo holdings estates Manager Derrick Lubumbe expressed relief at the judgment and said that his company would now use the property to increase the investment portfolio and create more jobs in the town. He also said that his company harboured no hurt feelings against the both Mr. Mukopa and the Baines family because he considered them as family members.

Share this post